MNB: Hungary’s c/a surplus reaches €546 mln in January
Current-account surplus in Hungary reached €545.6 mln in January, while the country’s external financing capacity – calculated as a combined surplus of the current and capital accounts – came to a preliminary €786.8 mln, the monthly balance of payment data published by the National Bank of Hungary (MNB) revealed.
Based on the financial account, the January external financing capacity was €377.4 mln, the report said. Net transfers from the European Union reached €305.9 mln as a balance of €420.6 mln inflows and €114.7 mln in the first month of the year, the accrual-based figures show.
The MNB began releasing the monthly balance of payments report in July 2014. The monthly data include estimates and are available on the website only until the publication of the respective quarterly figures.
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.
