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First estimate for November 2016 EU28 current account surplus €15.8 bn €11.8 bn surplus for trade in services

Eurostat/ First estimate for November 2016 EU28 current account surplus €15.8 bn €11.8 bn surplus for trade in services- 19 January 2017

The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €15.8 bn in November 2016, compared with surpluses of €15.0 bn in October 2016 and €10.1 bn in November 2015, according to estimates from Eurostat, the statistical office of the European Union. In November 2016, compared with October 2016, based on seasonally adjusted data, the surplus of the goods account increased (+€10.3 bn compared with +€7.0 bn), while the surplus of the services account dropped (+€11.8 bn compared with +€13.6 bn). The surplus of the primary income account fell (+€0.3 bn compared with +€0.9 bn) and the deficit of the secondary income account grew slightly (-€6.5 bn compared with -€6.4 bn).

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