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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

November 19, 2018
EURO AREA CURRENT ACCOUNT, SEPTEMBER 2018

The European Central Bank reported today that the Euro Area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €17.0 billion in September 2018. Surpluses of €16.4 billion in net goods trade, €8.7 billion in net services trade and €5.3 billion in net primary income, were partially offset by a deficit of €13.3 billion in net secondary income accounts.

In September 2018, Euro Area exports of goods and services decreased -€0.2 billion to €268.5 billion and Imports of goods and services increased €5.3 billion to €243.4 billion. The net trade surplus declined -€5.5 billion to €25.1 billion.

 

Sources: European Central Bank:  Press Release | Database | Selected BOP Data



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