Slovakia's current account swung to a deficit of EUR 79mn in August from a surplus of EUR 98mn in July, preliminary data from the central bank showed. The July current account figure was revised from an initially reported surplus of EUR 94mn.
In August 2013, Slovakia reported a current account surplus of EUR 30mn.
The foreign trade surplus shrank to EUR 235mn in August from a revised EUR 415mn the month before. On an annual basis, exports dropped 2.4% in August, following a 3.2% increase in July, while imports fell 3.1% compared to a 2.7% decline a month earlier.
| EUR mn | Aug-14 | July-14 | Aug-13 | 2013 |
| Trade balance | 235 | 415 | 214 | 4,284 |
| --exports | 4,679 | 5,136 | 4,814 | 64,172 |
| --imports | 4,446 | 4,723 | 4,600 | 59,172 |
| ----exports, y/y change, % | -2.4% | 3.2% | -1.7% | 3.3% |
| ----imports, y/y change, % | -3.1% | -2.7% | -5.5% | 2.3% |
| Balance of services | -12 | 20 | 67 | 148 |
| Income balance | -208 | -210 | -138 | -1,810 |
| Current transfers | -95 | -126 | -112 | -1,073 |
| CURRENT ACCOUNT BALANCE | -79 | 98 | 30 | 1,548 |
| Source: National Bank of Slovakia | ||||
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