Lithuania C/A Swings to Deficit in August
Image by Shutterstock.com
Lithuania recorded a current account deficit of EUR 286.8 million in August, compared with a EUR 107.3 million surplus from the same month of the previous year, the country's central bank said on Friday.
The goods account gap widened to EUR 556.7 million from EUR 135.5 million, while the services surplus slightly narrowed to EUR 431.8 million from EUR 434.6 million.
Meanwhile, the primary income deficit shrank to EUR 182.2 million from EUR 226.8 million, while the secondary income surplus decreased to EUR 20.4 million from EUR 35 million.
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.