Q2 current account deficit in-line with forecast

• Q2 Current Account:-$190.3B vs. -$190B consensus, -$189.4B previous (revised from -$195.7B).
• The second quarter deficit was 3.3 percent of current dollar gross domestic product, down from 3.4 percent in the first quarter.

• The $0.9 billion widening of the current account deficit in the second quarter mainly reflected reduced surpluses on services and on primary income that were mostly offset by a reduced deficit on secondary income.