Slovakia's current account surplus widens to EUR 187mn in June 2014

By bne IntelliNews September 8, 2014

Slovakia's current account surplus widened in June 2014 to EUR 187mn from a revised surplus of EUR 168mn in May, preliminary data from the central bank showed. The May current account figure was revised from an initially reported surplus of EUR 149mn.

In annual terms, the current account surplus increased 33.6% in June.

The trade surplus rose to EUR 526mn in June from a revised EUR 495mn in May. On an annual basis, exports increased 1.8% in June, following a 2.4% drop in May, while imports fell 0.7% compared to a 0.3% drop a month earlier.

EUR mn June-14 May-14 June-13 2013
Trade balance 526 495 395 4,284
--exports 5,343 5,529 5,249 64,361
--imports 4,820 5,038 4,854 60,077
----exports, y/y change, % 1.8% -2.4% -1.9% 3.6%
----imports, y/y change, % -0.7% -0.3% -1.9% 2.5%
Balance of services -18 15 12 148
Income balance -209 -207 -159 -1,810
Current transfers -113 -134 -109 -1,073
CURRENT ACCOUNT BALANCE 187 168 140 1,548
Source: National Bank of Slovakia      

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