Eurozone current account surplus dropped in August

FXStreet (Mumbai) - The data released by the European Central Bank (ECB) today showed a surplus of EUR 17.7 billion in August, compared to the upwardly revised EUR 25.6 billion.

The official report showed the surplus was due to surpluses for goods (EUR 21.2 billion), services (EUR 4.3 billion) and primary income (EUR 3.8 billion), which were partly offset by a deficit in secondary income (EUR 11.6 billion).

The net investment flow printed at EUR +32.6bln, compared to the previous figure of EUR +93.03bln.