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Polish c/a surplus widens in November

MNB

Photo by kolbet / Shutterstock.com

Poland’s current account surplus widened sharply to EUR 1.457 billion in November from a EUR 113 million in the same month of the prior year, the National Bank of Poland (NBP) said in a report.

Photo by kolbet/Shutterstock.com

The goods surplus increased to EUR 829 mln from EUR 102 mln a year ago and the services surplus rose to EUR 2.332 bln from EUR 2.066 bln.

In addition, the secondary income account posted a surplus of EUR 51 mln, compared to a EUR 158 mln gap a year earlier, while the primary income deficit narrowed to EUR 1.755 bln from EUR 1.897 bln, the NBP said

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