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December 20, 2017EURO AREA CURRENT ACCOUNT, OCTOBER 2017 The European Central Bank reported today, that the euro area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €30.8 billion in October 2017. Surpluses in net goods trade (+€26.2 billion), net services trade (+€7.3 billion) and net primary income (+€9.8 billion) account were partially offset by a deficit in net secondary income (-€12.5 billion) account.
In the Euro Area October 2017, Exports of goods and services decreased to €257.2 billion (from €264.3 billion), while imports of goods and services increased to €223.7 billion (from €220.8 billion). As growth in imports exceeded growth in exports, the net trade surplus decreased from €43.5 billion to €33.5 billion.
Sources: Eurosystem Bank | Press Release | Database
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