Eurozone current account declined more than expected

European Central Bank reported on Monday that Eurozone current account fell to a seasonally adjusted figure of EUR9.7 billion in July. There was a surplus for goods (EUR7.5 billion), services (EUR6.2 billion), and income (EUR 1.7 billion), whereas there was a deficit in current transfers (EUR5.8 billion). Analysts expected that the current account would fall to EUR10.9 billion.