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Romania's c/a deficit widens 19% y/y in Jan-Sep

Romania's c/a deficit widens 19% y/y in Jan-Sep Romania's c/a deficit in Jan-Sep

BUCHAREST (Romania), November 13 (SeeNews) - Romania current account balance showed a deficit of 8.103 billion euro ($8.931 billion) in the first nine months of 2019, compared to a gap of 6.798 billion euro in the same period of last year, the central bank said on Wednesday, citing provisional data.

The deficit on trade in goods widened by 2.342 billion euro, the surplus on services income increased by 343 million euro, the deficit of the primary income balance narrowed by 747 million euro, and the surplus of the secondary income balance decreased by 53 million euro.

Romania's current account balance showed a deficit of 9.416 billion euro in 2018, compared to a gap of 5.970 billion euro a year earlier.

Details on Romania's current account balance follow (in millions of euro):

  Jan-Sep '19 Jan-Sep '18
Current
account
-8,103 -6,798
- goods balance -12,129 -9.787
- services balance 6,587 6,244
- primary income -4,043 -4,790
- secondary income 1,482 1,535

($= 0.9072 euro)

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