July 16 (SeeNews) - Romania's current account recorded a deficit of 3.01 billion euro ($3.5 billion) in January-May, compared to a deficit of 2.606 billion euro in the year ago period, the central bank said on Monday, citing provisional data.
The deficit on trade in goods widened by 589 million euro, the surplus on services income narrowed by 179 million euro, the deficit of the primary income balance contracted by 105 million euro, the central bank said in a balance of payments report. Also, the surplus of the secondary income balance increased by 251 million euro during January-May.
Romania's current account balance showed a deficit of 4.464 billion euro in 2017, compared to a gap of 3.498 billion euro a year earlier.
Details on Romania's current account balance follow (in millions of euro):
|
Jan-May '18 |
Jan-May '17 |
Current account |
-3,018 |
-2,606 |
- goods balance |
-4,642 |
-4,053 |
- services balance |
3,024 |
3,203 |
- primary income |
-2,362 |
-2,467 |
- secondary income |
962 |
711 |
Source: BNR
($=0.8599 euro)