Hungary Current Account has EUR 213 mln Deficit in January
Image by Shutterstock.com
Hungary's current account had a EUR 213 million deficit in January, narrowing from a EUR 1.049 bln gap in the previous month, preliminary monthly data released by the National Bank of Hungary (MNB) on Monday show.
The trade surplus reached EUR 435 mln, the balance of a EUR 275 mln deficit in trade of goods and a EUR 709 mln surplus in trade of services.
The primary income balance showed a deficit of EUR 481 mln, as investors repatriated EUR 547 mln from direct investments.
Capital transfers from the European Union came to EUR 52 mln for the month.
MOL and O&GD Discover New Oil Reserve Near Tura
Hungary Expects Progress From EU on Erasmus+ Matter
Airport Developments Exceed HUF 130 bln
7th Edition of BSC Charity Beach Volleyball Tournaments Comi...
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.
