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.
by RTT Staff Writer
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