Latvia c/a gap widens in July
Photo by Stephen Finn/Shutterstock.com
Latvia's current account deficit widened to EUR 175 million in July from EUR 152 million in the corresponding month of the previous year, the country's central bank reported.
The goods account deficit increased to EUR 380 million from EUR 284 million; the services surplus fell to EUR 124 million from 152 million; and the secondary income surplus eased to EUR 53 million from EUR 59 million.
On the other hand, the primary income account recorded a surplus of EUR 26 million from a deficit of EUR 78 million, the first surplus since December of 2020.
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.