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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

September 19, 2019
EURO AREA CURRENT ACCOUNT, JULY 2019

MONTHLY

The European Central Bank reported today that the Euro Area (EA19) current account (working day and seasonally adjusted) recorded a surplus of €20.5 billion in July 2019. Surpluses of €26.3 billion in net goods trade, €1.5 billion in net services trade and €6.3 billion in net primary income, were partially offset by a deficit of €13.6 billion in net secondary income accounts.

 

 

In July 2019, Euro Area exports of goods and services increased €1.9 billion to €279.2 billion and Imports of goods and services increased €2.1 billion to €251.3 billion. The net trade surplus declined €0.3 billion to €27.8 billion.

 

 

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

 

 



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