The euro zone's current-account surplus narrowed in March, data published Wednesday by the European Central Bank showed.
The current-account balance, a broad measure of an economy's international financial position, decreased in adjusted terms to a surplus of 18.8 billion euros ($25.8 billion) in March, after a surplus of EUR21.8 billion in February.
For the 12-month period that ended in March 2014, the cumulated surplus equaled 2.5% of the euro zone's gross domestic product, higher than 1.8% in the 12 months that ended in March 2013.
Write to Todd Buell at todd.buell@wsj.com; Twitter: @ToddBuell
(END) Dow Jones Newswires
May 21, 2014 04:15 ET (08:15 GMT)
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