FXstreet.com (Barcelona) - Euro Zone's trade surplus in goods and services has declined in November, reflecting surpluses in goods, services and income offset, and a deficit in current transfers, according to data released by the European Central Bank.

Current account surplus narrowed in November to 0.7 billion euro from 3.1 billion in October, in seasonally adjusted terms. Not seasonally adjusted, current account surplus declined to 1.90 billion from 3.9 billion in October.

November's reading reflects a 4.8 billion euro surplus in goods trade, 3.2 billion surplus in services trade and a 0.2 euro surplus in income trade almost all of them offset by a 7.7 billion euro deficit in current transfers.