LOGO
LOGO

European Economic News

Eurozone Current Account Surplus Rises In June

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Eurozone current account surplus increased in June, data published by the European Central Bank showed Friday.

The seasonally adjusted current account surplus rose to EUR 12.7 billion in June from EUR 10.3 billion in May and EUR 5.5 billion in April.

The current account balance for the first six months of the year was a surplus of EUR 49.9 billion compared to a deficit of EUR 18.8 billion during the first half of 2011.

In June, the surplus on goods trade increased to EUR 12.8 billion from EUR 8.2 billion in the previous month. The surplus on services account, meanwhile, fell to EUR 5.2 billion from EUR 6.2 billion in May.

The income account showed a surplus of EUR 3.5 billion, less than May's EUR 5.1 billion. The deficit on current transfers narrowed to EUR 8.8 billion from EUR 9.2 billion in May.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19