Slovak c/a gap widens in August
Photo by Ventura/Shutterstock.com
Slovakia’s current account deficit rose to EUR 489.5 million in August from EUR 447.8 mln in the same month a year earlier, the country’s central bank reported.
The distinctive National Bank of Slovakia building in Bratislava. Photo by Ventura/Shutterstock.com
The goods shortfall increased to EUR 403 mln from EUR 327.9 mln and the primary income deficit widened to EUR 189 mln from EUR 141.4 mln, the National Bank of Slovakia said.
Meanwhile, the services surplus rose to EUR 139.3 mln from EUR 128.9 mln in August 2019, and the secondary income gap decreased sharply to EUR 36.7 mln from EUR 107.4 mln, NBS added.
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.