FOREX TradingCharts.com

Financial News: Eurozone Current Account Surplus At 9-Month Low

Eurozone Current Account Surplus At 9-Month Low

05/18/2018 - 04:36:00 (RTTNews)

(RTTNews) - The euro area current account surplus declined for the second straight month in March to the lowest level in nine months, the European Central Bank reported Friday.

The current account surplus fell to a seasonally adjusted EUR 32.0 billion in March from EUR 36.8 billion in February.

Moreover, this was the smallest trade surplus since June last year, when it was EUR 24.5 billion.

The surplus on goods trade rose to EUR 30.2 billion from EUR 28.7 billion. The surplus on services increased to EUR 9.4 billion from EUR 9.2 billion a month ago.

At the same time, primary income totaled EUR 3.9 billion in March, down from EUR 6.8 billion in February. On the other side, the secondary income showed a shortfall of EUR 11.5 billion, which was higher than the EUR 8.0 billion deficit posted in February.

In the financial account, combined direct and portfolio investment recorded net acquisitions of assets of EU 61 billion and net incurrences of liabilities of EUR 30 billion.

The 12-month cumulated current account for the period ending March 2018 showed a surplus of EUR 407.7 billion, or equivalent to 3.6 percent of GDP. In the same period last year, the surplus was EUR 375.6 billion, or 3.5 percent of GDP.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


UK Employment At Record, Pay Growth Slows (15 min(s), 25 sec(s) ago)
(RTTNews) - Britain's employment level set a fresh record in the three months to May and unemp ...Full Story»

China's Home Prices Rise In Most Cities (24 min(s), 25 sec(s) ago)
(RTTNews) - House prices in majority of the Chinese cities increased in June, figures from the Nat ...Full Story»

Turkey Industrial Production Growth Improves Slightly (01 hr(s), 31 min(s), 25 sec(s) ago)
(RTTNews) - Turkey's industrial production growth improved unexpectedly in May, though margina ...Full Story»

Europe New Car Registrations Rise At Faster Rate (02 hr(s), 35 min(s), 25 sec(s) ago)
(RTTNews) - Europe's new car registrations rose at a faster pace in June, the European Automob ...Full Story»

Australia's Consumer Confidence Improves (03 hr(s), 43 min(s), 25 sec(s) ago)
(RTTNews) - Australia's consumer confidence improved during the week ended July 15, a weekly s ...Full Story»

New Zealand House Prices Rise, Sales Fall In June (04 hr(s), 29 min(s), 25 sec(s) ago)
(RTTNews) - New Zealand's house prices increased in June from a year ago, while sales declined ...Full Story»

Singapore NODX Rises Less Than Expected In June (04 hr(s), 57 min(s), 25 sec(s) ago)
(RTTNews) - Singapore's non-oil domestic exports increased at a slower-than-expected pace in J ...Full Story»

New Zealand Consumer Prices Rise 0.4% In Q2 (25 min(s), 35 sec(s) ago)
(RTTNews) - Inflation in New Zealand gained 0.4 percent on quarter in the second quarter of 2018, ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

UK Employment At Record, Pay Growth Slows

07/17/2018 - 05:04 AM (RTTNews)
(RTTNews) - Britain's employment level set a fresh record in the three months to May and unemp ...Full Story>>

China's Home Prices Rise In Most Cities

07/17/2018 - 04:55 AM (RTTNews)
(RTTNews) - House prices in majority of the Chinese cities increased in June, figures from the Nat ...Full Story>>

Turkey Industrial Production Growth Improves Slightly

07/17/2018 - 03:48 AM (RTTNews)
(RTTNews) - Turkey's industrial production growth improved unexpectedly in May, though margina ...Full Story>>

Europe New Car Registrations Rise At Faster Rate

07/17/2018 - 02:44 AM (RTTNews)
(RTTNews) - Europe's new car registrations rose at a faster pace in June, the European Automob ...Full Story>>

Australia's Consumer Confidence Improves

07/17/2018 - 01:36 AM (RTTNews)
(RTTNews) - Australia's consumer confidence improved during the week ended July 15, a weekly s ...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.