Hungary C/A deficit reaches EUR 817 mln in Oct

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Hungary's current account had an EUR 817 million deficit in October, widening from a EUR 393 mln gap in the previous month, state news wire MTI reports, citing preliminary monthly data released by the National Bank of Hungary (MNB) on Wednesday.

Hungary had a EUR 363 mln trade deficit for the month, the balance of an EUR 857 mln deficit in trade of goods and a EUR 495 mln surplus in trade of services.

The primary income balance showed a deficit of EUR 444 mln, as investors repatriated EUR 625 mln from direct investments.

Capital transfers from the European Union came to EUR 492 mln for the month.

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