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Romania's H1 c/a deficit widens to 12.3 bln euro

Romania's H1 c/a deficit widens to 12.3 bln euro Source: SeeNews, pixabay.com

BUCHAREST (Romania), August 12 (SeeNews) - Romania recorded a current account deficit of 12.3 billion euro ($12.7 billion) in the first six months of 2022, compared to 7.203 billion euro in the same period of last year, the central bank said on Friday, citing provisional data.

The deficit on trade in goods widened by 4.189 billion euro, while the surplus on services income increased by 487 million euro, BNR said in a statement.

Also, the primary income deficit grew by 1.349 billion euro, while the secondary income surplus narrowed by 44 million euro during January-June.

Romania recorded a current account deficit of 16.95 billion euro in 2021, compared to 10.979 billion euro in the same period of 2020.

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

H1 '22 H1 '21
Current
account
-12,298 -7,203
- goods balance -14,450 -10,261
- services balance 4,753 4,266
- primary income -2,926 -1,577
- secondary income 325 369

($= 0.9702 euro)

 
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