Latvia C/A deficit widens in May

Debt

Latvia's current account deficit widened to EUR 291 million in May from EUR 174 million in the corresponding month of the previous year, data from the central bank showed.

The goods account gap widened to EUR 452 million from EUR 266 million and the secondary income surplus fell to EUR 6 million from EUR 33 million.

At the same time, the services surplus edged down to EUR 129 million from EUR 130 million.

Meanwhile, the primary income switched to surplus of EUR 27 million from EUR 71 million deficit.

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