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Macedonia Turns to C/A Deficit of 104.68 Mln Euro ($149.94 Mln) in June - Table

Sep 15, 2008, 2:31:09 PMArticle by Valentina Dimitrievska
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September 15 (SeeNews) - Macedonia turned to a preliminary current account deficit of 104.68 million euro ($149.94 million) from a revised surplus of 5.32 million euro a year earlier, central bank data showed on Monday.

Macedonia Turns to C/A Deficit of 104.68 Mln Euro ($149.94 Mln) in June - Table

Macedonia had a revised current account deficit of 56.72 million euro in May. Details follow (in millions of euro):

Macedonia's current account June'08 June'07
Total balance -104.68 +5.32
Goods -180.21 -67.96
Services -5.18 +0.36
Income -13.13 -15.01
Current transfers +93.84 +87.94
Capital and financial account +110.48 +0.56
Direct investments(net) +53.18 -1.57
Portfolio investments (net) -2.55 +3.01
Other investments (net) +93.41 -55.38
Gross reserve assets -29.72 +44.78
Net errors and omissions -5.80 +3.28

NOTE: The central bank publishes final monthly figures for the balance of payments in its annual reports. Monthly statistics could be revised until included in the annual report.

($=0.6981 euro)

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