The Eurozone current account surplus declined in July largely due to a fall in trade surplus, the European Central Bank said Monday.
The surplus fell to a seasonally adjusted EUR 9.7 billion from EUR 14.3 billion in June.
The surplus for goods declined to EUR 7.5 billion from EUR 12.7 billion, while surplus in services remained unchanged at EUR 6.2 billion.
Income totaled EUR 1.7 billion, down from EUR 3.9 billion a month ago. The surplus in income was partly offset by a EUR 5.8 billion deficit in current transfers.
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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.