Eurozone current account surplus widens in October
The current account surplus in the eurozone widened in October, according to figures released by the European Central Bank on Tuesday.
The seasonally-adjusted current account balance revealed a surplus of €28.4bn from an upwardly-revised €27.7bn the month before.
The trade in goods surplus narrowed to €26bn from €31.8bn, while the surplus on services widened to €9.3bn from €4.8bn.
The primary income surplus edged up to €6.1bn from €5.1bn in September, while secondary income showed a deficit of €13bn, which is a slightly improvement on the previous month’s €14bn deficit.