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June 19, 2018EURO AREA CURRENT ACCOUNT, APRIL 2018 The European Central Bank reported today that the euro area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €28.4 billion in April 2018. Surpluses in net goods trade (+€21.0 billion), net services trade (+€9.6 billion) and net primary income (+€8.5 billion) were partially offset by a deficit in net secondary income (-€10.7 billion) account.
In April 2018, Euro Area exports of goods and services fell to €262.4 billion as both goods and services exports decline. Imports of goods and services increased to €231.8 billion, with goods imports rising. With goods exports falling and goods imports rising, the net trade surplus eroded to €30.5 billion.
Sources: European Central Bank: Press Release | Database
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