FX.co ★ Eurozone Current Account Surplus Narrows in July

In July 2025, the Eurozone's current account surplus decreased to EUR 35 billion, down from EUR 39.3 billion the previous year. This decline is seen in the goods surplus, which reduced to EUR 27.9 billion from EUR 35.3 billion, and in the services surplus, which decreased slightly to EUR 19.9 billion from EUR 20.4 billion. Furthermore, the secondary income deficit expanded to EUR 15.7 billion from EUR 14.3 billion. Conversely, the primary income account shifted to a surplus of EUR 2.9 billion, compared to a deficit of EUR 2.1 billion the prior year. When adjusted for seasonal variations, the current account surplus fell to EUR 27.7 billion in July, down from EUR 35.8 billion in June, missing market predictions of EUR 34.6 billion.