Pantheon Macroeconomics - Eurozone current account data yesterday provided further evidence of stabilisation in the economy despite a headline deterioration. The adjusted current account surplus fell to €18.1B in November from a revised €19.5B in October, but the decline was mainly driven by an increase in current transfers; the core components remain solid.

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20 Jan. 2015 Current Account Surplus Stays Robust, but Watch Deficit in Spain

By Claus Vistesen

Eurozone current account data yesterday provided further evidence of stabilisation in the economy despite a headline deterioration. The adjusted current account surplus fell to €18.1B in November from a revised €19.5B in October, but the decline was mainly driven by an increase in current transfers; the core components remain solid.

Posted: 20th Jan 2015 in 'Eurozone Documents'

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