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For additional information relating to this article, please contact:

Doug McCann Research and Statistics Officer
Tel: 902-424-2141Email: Douglas.McCann@novascotia.ca

December 20, 2018
EURO AREA CURRENT ACCOUNT, OCTOBER 2018

The European Central Bank reported today that the Euro Area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €23.0 billion in October 2018. Surpluses of €18.2 billion in net goods trade, €11.5 billion in net services trade and €8.2 billion in net primary income, were partially offset by a deficit of €14.9 billion in net secondary income accounts.

In October 2018, Euro Area exports of goods and services increased €3.8 billion to €271.7 billion and Imports of goods and services decreased €0.1 billion to €242.0 billion. The net trade surplus increased €3.9 billion to €29.7 billion.

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



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