Czech C/A Swings to Surplus in March
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The Czech Republic current account shifted to a surplus of CZK 11.27 billion (EUR 474.6 million) in March, compared with a CZK 17.87 billion deficit from the same month a year earlier, the central bank reported.
The goods account switched to a surplus of CZK 32.08 billion from CZK 4.89 billion gap, while the services surplus decreased to CZK 7.17 billion from CZK 10.83 billion.
Meanwhile, the secondary income shortfall went up to CZK 6.58 billion from CZK 6.32 billion, while the primary income deficit increased to CZK 21.4 billion from CZK 17.49 billion.
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