EU current account balance hits 17.8 bln in December 2016

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EU current account balance hits 17.8 bln in...
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The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €17.8 billion in December 2016, compared with surpluses of €16.2 billion in November 2016 and €11.4 billion in December 2015, according to estimates from Eurostat, the statistical office of the European Union on Friday.

 

In December 2016, compared with November 2016, based on seasonally adjusted data, the surplus of the goods account increased (+€12.9 billion compared with +€10.4 billion), while the surplus of the services account dropped (+€11.2 billion compared with +€12.1 billion).

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EU current account balance hits 17.8 bln in December 2016


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