Eurozone's Current Account Surplus Narrows to EUR30.8 Billion in October

By Emese Bartha Features Dow Jones Newswires

The euro area's current-account surplus narrowed in October to 30.8 billion euros ($36.4 billion) from an upwardly revised EUR39.2 billion in September.

Continue Reading Below

The preliminary reading for September was for a surplus of EUR37.8 billion.

In the year to October, the eurozone's cumulative surplus fell to 3.2% of gross domestic product from 3.4% a year earlier, it said.

The current-account balance is a broad measure of an economy's international financial position. The data are adjusted for seasonal and calendar effects.

Write to Emese Bartha at

(END) Dow Jones Newswires

Continue Reading Below

December 20, 2017 04:15 ET (09:15 GMT)