Slovakia's current account surplus widened in May 2014 to EUR 149mn from a revised surplus of EUR 57mn in April, preliminary data from the central bank showed. The April current account figure was revised from an initially reported surplus of EUR 106mn.
In annual terms, the current account surplus increased 40.6% in May.
The trade surplus rose to EUR 467mn in May from a revised EUR 309mn in April. On an annual basis, exports decreased 2.7% in May, following a 3.2% drop in April, while imports edged down 0.1% compared to a 1.2% growth a month earlier.
EUR mn | May-14 | April-14 | May-13 | 2013 |
Trade balance | 467 | 309 | 612 | 4,284 |
--exports | 5,512 | 5,440 | 5,667 | 64,361 |
--imports | 5,047 | 5,134 | 5,055 | 60,077 |
----exports, y/y change, % | -2.7% | -3.2% | 5.5% | 3.6% |
----imports, y/y change, % | -0.1% | 1.2% | 1.5% | 2.5% |
Balance of services | 15 | -4 | 7 | 148 |
Income balance | -199 | -210 | -207 | -1,810 |
Current transfers | -134 | -39 | -39 | -1,073 |
CURRENT ACCOUNT BALANCE | 149 | 57 | 106 | 1,548 |
Source: National Bank of Slovakia |
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