Slovak current account deficit shrinks in August
Slovakiaʼs current account deficit narrowed to EUR 93.2 million in August from EUR 433.2 million in the corresponding month of the previous year, the countryʼs central bank said in a report on Tuesday.
The secondary income shortfall went down to EUR 111.3 million from EUR 113.4 million a year earlier and the goods account posted a EUR 53.5 million surplus, compared to a EUR 326.3 million deficit in August 2019.
On the other hand, the primary income gap widened to EUR 150.6 million from EUR 131.7 million and the services surplus shrank to EUR 115.2 million from EUR 138.2 million.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
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.
