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Bulgaria c/a switches to deficit in January

Debt

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Bulgaria current account switched to a deficit of EUR 433 million in January compared to a surplus of EUR 39.2 million in the same month of the previous year, the central bank said in its monthly report.

The goods deficit widened to EUR 581.8 million from EUR 82.4 million and the services surplus narrowed to EUR 208 million from EUR 231.8 million a year ago.

Meanwhile, the primary income gap decreased to EUR 45.8 million from EUR 108 million, whereas the secondary income deficit narrowed to EUR 13.5 million from EUR 80.6 million. 

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