FOREX TradingCharts.com

Financial News: Eurozone Current Account Surplus Lowest Since 2014

Eurozone Current Account Surplus Lowest Since 2014

08/18/2017 - 04:28:00 (RTTNews)

(RTTNews) - The euro area current account surplus declined to the lowest in nearly three years in June, the European Central Bank said Friday.

The current account surplus fell to EUR 21.2 billion in June from EUR 30.5 billion in May. This was the lowest level since August 2014.

The surplus on trade in goods rose to EUR 27.4 billion in June from EUR 26.6 billion. Meanwhile, the surplus on services declined to EUR 2.2 billion from EUR 2.7 billion.

Primary income declined to EUR 4.6 billion from EUR 11.3 billion. The deficit on secondary income widened to EUR 13 billion from EUR 10.1 billion in the previous month.

In June 2017, combined direct and portfolio investment recorded net acquisitions of assets of EUR 34 billion and net incurrences of liabilities of EUR 39 billion.

The 12-month cumulated current account for the period ending in June 2017 registered a surplus of EUR 336.5 billion, or equivalent to 3.1 percent of euro area GDP.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


MEXICO: Consumer Prices Rise 0.34% In First Half Of September (17 min(s), 55 sec(s) ago)
(RTTNews) - Mexico's National Consumer Price Index (INPC) increased 0.34% in the first half of ...Full Story»

COLOMBIA: Crude Oil Production Up 0.25% In August On A Monthly Basis (26 min(s), 55 sec(s) ago)
(RTTNews) - The Colombian crude oil production during August reached 858,511 barrels per day on av ...Full Story»

Norges Bank Unlikely To Hike Rates In Near Future: Capital Economics (06 hr(s), 42 min(s), 55 sec(s) ago)
(RTTNews) - Norway's interest rate increases seem very far with inflation likely to remain bel ...Full Story»

Eurozone Private Sector Growth At 4-Month High (08 hr(s), 42 min(s), 55 sec(s) ago)
(RTTNews) - Eurozone's private sector expanded at the fastest pace in four months in September ...Full Story»

Russia CB Likely To Cut Rates Further On Lower Inflation Expectations (09 hr(s), 06 min(s), 55 sec(s) ago)
(RTTNews) - Russia's central bank is likely to cut interest rates in the near future amid lowe ...Full Story»

Brazil Business Confidence Improves Slightly (09 hr(s), 09 min(s), 55 sec(s) ago)
(RTTNews) - Brazil's business confidence improved for the third straight month in September, t ...Full Story»

Brazil Consumer Confidence Strengthens In September: FGV (09 hr(s), 23 min(s), 55 sec(s) ago)
(RTTNews) - Brazil's consumer confidence improved in September after weakening in the previous ...Full Story»

Spain Trade Deficit Widens In July (09 hr(s), 45 min(s), 55 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased notably in July from a year ago, as import ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

MEXICO: Consumer Prices Rise 0.34% In First Half Of September

09/24/2017 - 16:50 PM (RTTNews)
(RTTNews) - Mexico's National Consumer Price Index (INPC) increased 0.34% in the first half of ...Full Story>>

COLOMBIA: Crude Oil Production Up 0.25% In August On A Monthly Basis

09/24/2017 - 16:41 PM (RTTNews)
(RTTNews) - The Colombian crude oil production during August reached 858,511 barrels per day on av ...Full Story>>

Norges Bank Unlikely To Hike Rates In Near Future: Capital Economics

09/22/2017 - 10:25 AM (RTTNews)
(RTTNews) - Norway's interest rate increases seem very far with inflation likely to remain bel ...Full Story>>

Eurozone Private Sector Growth At 4-Month High

09/22/2017 - 08:25 AM (RTTNews)
(RTTNews) - Eurozone's private sector expanded at the fastest pace in four months in September ...Full Story>>

Russia CB Likely To Cut Rates Further On Lower Inflation Expectations

09/22/2017 - 08:01 AM (RTTNews)
(RTTNews) - Russia's central bank is likely to cut interest rates in the near future amid lowe ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.