EU records €12.3bn surplus in June

The European Union had a surplus of €12.3bn in June 2015, compared with a surplus of €13.3bn in May 2015 and a deficit of €2.4bn in June 2014, according to Eurostat estimates.

In June 2015, the surplus for goods was 7.9bn, compared with €8.3bn a month previously. The deficit of the primary income account increased from €2bn to €2.9bn. 

The surplus of the services account slightly increased from €14.3bn to €14.5bn over the same period, while the deficit of the secondary income account slightly decreased, from €7.3bn to €7.2bn. 

The 12-month cumulated current account for the period ending in June 2015 recorded a surplus of €130.3bn, compared with €87.5bn for the 12 months to June 2014. 

The surplus of the goods account grew from €22.6bn to €77bn over the year and the services account surplus was up from €153.4bn to 155.9bn. 

The secondary income account’s deficit fell slightly (€75.5bn compared with €77.5bn), while the deficit of the primary income account grew (up from €11bn to €27bn.

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