Hungary C/A deficit reaches EUR 1.556 bn in October
Hungary’s current account had a 1.556 billion euro deficit in October, preliminary monthly data released by the National Bank of Hungary (NBH) on Thursday show.
Hungary had a EUR 1.048 billion trade deficit for the month, the balance of a 1.483 billion deficit in trade of goods and a EUR 435 million surplus in trade of services.
The primary income balance showed a deficit of 371 million euros as investors repatriated 544 million from direct investments.
Capital transfers from the European Union came to 63 million euros for the month.
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Source: MTI
1 Comment
Nothing is heading in the RIGHT direction in Hungary.
Nothing is going to get CHEAPER.
WHO do we RIGHTFULLY Blame?
The surname Orban certainly can’t escape that FACTUALITY.