Hungary C/A Deficit Reaches EUR 1.699 bln in November

Figures

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Hungary's current account had a EUR 1.699 bln deficit in November, preliminary monthly data released by the National Bank of Hungary (MNB) on Monday show, according to a report by state news wire MTI.

Hungary had a EUR 1.084 bln trade deficit for the month, the balance of a EUR 1.741 bln deficit in trade of goods and a EUR 657 million surplus in trade of services.

The primary income balance showed a deficit of EUR 487 mln as investors repatriated EUR 564 mln from direct investments. 

Capital transfers from the European Union came to EUR 253 mln for the month.

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