Czech C/A Deficit Narrows in December
The Czech Republic's current account deficit narrowed significantly to CZK 7.77 billion (EUR 32.7 million) in December, from CZK 27.3 billion in the same month of the previous year, the central bank announced.
The goods and services swung to a surplus of CZK 11.5 billion from a CZK 7.4 billion gap and the primary income shortfall went up to CZK 21 billion from CZK 18.3 billion.
Meanwhile, the secondary income switched to a CZK 1.8 billion surplus from CZK 1.6 billion gap.
Considering 2022 full year, the current account deficit jumped to CZK 380.1 billion from CZK 51.1 billion in 2021.
ADVERTISEMENT
IWG Opens New Regus Center in Biatorbágy
Parliament Negates Mandatory Membership in MOK
MNB Grants License to Local iBanFirst Fintech Branch
Meet the Expat CEO of the Year Nominees
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
