Eurozone investment inflows, current account surplus rise in Nov

[FRANKFURT] The eurozone's current account surplus widened in November while investment inflows increased sharply as both direct and portfolio investments rose, the European Central Bank said on Tuesday.

The currency bloc's adjusted current account surplus widened to 26.4 billion euros in November from a revised 25.6 billion a month earlier.

Unadjusted portfolio and direct investments generated an inflow of 45.2 billion euros, up from 23.4 billion a month earlier.

For the latest 12 months, the current account surplus rose to 3.0 per cent of the bloc's GDP from 2.4 per cent a year earlier.

REUTERS