Romania's c/a deficit widens in Jan-Apr

Romania's c/a deficit widens in Jan-Apr Euro. Author: etftrends. LicenseL all rights reserved.

BUCHAREST (Romania), June 13 (SeeNews) - Romania's current account recorded a deficit of 2.05 billion euro ($2.4 billion) in January-April, compared to a deficit of 1.78 billion euro in the year ago period, the central bank said on Wednesday, citing provisional data.

The deficit in trade in goods widened to 3.5 billion euro, while the services and secondary income surpluses narrowed to 2.4 billion euro and 466 million euro respectively, the central bank said in a balance of payments report.

The primary income balance fell to deficit of 1.45 billion euro in the first four months of the year, it added.

In 2016 Romania's current account deficit increased to 4.11 billion euro  from 1.94 billion euro in 2015.

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

  Jan-Apr 18 Jan-Apr 17
-2,053 -1,786
- goods balance -3,483 -3,069
- services balance 2,417 2,560
- primary income -1,453 -1,807
 - secondary income 466 530

Source: BNR

($=0.849 euro)

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