India, July 17 -- The euro area current account surplus increased in May on higher primary income, the European Central Bank reported Friday.
The current account surplus rose to EUR 25 billion in May from EUR 17 billion in the previous month. In the same period last year, the surplus was EUR 26 billion.
The surplus on goods trade fell to EUR 16 billion from EUR 18 billion in the prior month. Likewise, the services surplus decreased to EUR 14 billion from EUR 15 billion.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....