Romania’s current account deficit widens in the first five months

17 July 2018

Romania recorded a current account deficit of EUR 3.02 billion in the first five months of this year, up by 15.8% compared to the same period of 2017, according to Romania’s National Bank (BNR).

In May, the deficit was almost EUR 1 billion.

The deficit in the trade of goods reached EUR 4.64 billion in the first five months, up by 14.5% compared to the same period of 2017. Meanwhile, the surplus on the services side declined by 5.6% year-on-year, to EUR 3.02 billion.

The primary income deficit slightly declined, to EUR 2.36 billion, and the secondary income surplus went up to EUR 962 million.

editor@romania-insider.com

Normal

Romania’s current account deficit widens in the first five months

17 July 2018

Romania recorded a current account deficit of EUR 3.02 billion in the first five months of this year, up by 15.8% compared to the same period of 2017, according to Romania’s National Bank (BNR).

In May, the deficit was almost EUR 1 billion.

The deficit in the trade of goods reached EUR 4.64 billion in the first five months, up by 14.5% compared to the same period of 2017. Meanwhile, the surplus on the services side declined by 5.6% year-on-year, to EUR 3.02 billion.

The primary income deficit slightly declined, to EUR 2.36 billion, and the secondary income surplus went up to EUR 962 million.

editor@romania-insider.com

Normal
 

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