Advertisement
Advertisement

Euro zone current account surplus widens in Sept

By:
Reuters
Published: Nov 19, 2021, 09:27 UTC

FRANKFURT (Reuters) - The euro zone's current account surplus widened by a touch in September as a fall in the trade surplus was more than offset by a big rise in the trade of services, European Central Bank data showed on Friday.

A picture illustration of euro banknotes

FRANKFURT (Reuters) – The euro zone’s current account surplus widened by a touch in September as a fall in the trade surplus was more than offset by a big rise in the trade of services, European Central Bank data showed on Friday.

The bloc of 19 countries sharing the euro recorded a current account surplus of 18.7 billion euros in September, up from a revised 17.1 billion euros in August, according to adjusted figures.

In the 12 months to September, the current account surplus totalled 2.7% of the bloc’s GDP, up from 1.5% in the preceding 12 months.

(Reporting by Balazs Koranyi; Editing by Francesco Canepa)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?

Advertisement