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      

Related Articles

Fears grow of Russian interference in Central European media space

Two thirds of Central Europeans are concerned about Russian interference in their country’s media or public opinion, according to a new poll conducted by MEDIAN on behalf of the ... more

How Ukrainian grain wrecked the Polish grain market

The Polish grain market has been thrown into disarray by cheap Ukrainian grain that sent prices plummeting in April, causing Warsaw to impose a five-month ban, backed up by the European Commission. ... more

Slovak OFZ aims to move part of production to Uzbekistan

Metallurgical company OFZ plans to transfer part of its production from Slovakia to Uzbekistan, The Slovak Spectator has reported. The ferroalloy production company from Oravsky Podzamok has ... more

Dismiss