Polish c/a switches to deficit in October
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Poland's current account switched to a EUR 1.791 billion deficit in October, from a downwardly revised EUR 1.55 bln surplus in the same month of the previous year, the central bank reported.
The goods account posted a EUR 822 million gap, compared to a EUR 1.993 bln surplus last year, while the services surplus narrowed to EUR 1.658 bln from EUR 1.898 bln.
Meanwhile, the primary income deficit widened to EUR 2.292 bln, compared with EUR 2.191 bln in 2020, and the secondary income gap increased to EUR 335 bln from EUR 150 bln.
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