Polish current account surplus widens in November
Image by Shutterstock.com
Poland's current account surplus widened to EUR 1.725 billion November of 2020 from EUR 1,182 million in the corresponding month of the previous year, the country's central bank reported.
The goods surplus rose to EUR 1.756 bln from EUR 821 million, as exports climbed 9.5% while imports increased at a softer 5.3%. Also, the primary income deficit narrowed to EUR 1.806 bln from EUR 2.1 bln.
On the other hand, the services surplus went down to EUR 2.353 bln from EUR 2,417 bln and the secondary income account posted a EUR 578 million deficit, switching from a EUR 44 million surplus.
ADVERTISEMENT
Varga Augurs Return to Growth in H2 2023
Gov't Extends Deposit Rate Cap Till Year-end
Scope Changes Outlook on Magyar Telekom Rating to Positive
Esztergom Guest Nights up 15% in July
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.
