ADVERTISEMENT

Polish c/a switches to deficit in February

Debt

Photo by ratmaner/Shutterstock.com

Poland recorded a current account deficit of EUR 2.871 billion in February, from a EUR 276 million surplus in the same month of the previous year, the central bank said.

The goods account balance was at a EUR 1.741 bln gap, swinging from a EUR 683 million surplus in the prior year.

At the same time, the primary account gap widened to EUR 2.51 bln from EUR 2.047 bln and that on the secondary account widened to EUR 873 million from EUR 587 million.

On the other hand, the services surplus expanded to 2.253 bln from EUR 2.227 bln. 

ADVERTISEMENT

EBRD puts Hungary GDP growth at 3.5% in 2022 Analysis

EBRD puts Hungary GDP growth at 3.5% in 2022

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Hungary Grande Partenza 'exceeded all expectations' - gov't ... City

Hungary Grande Partenza 'exceeded all expectations' - gov't ...

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.