September 19 (SeeNews) - Serbia's current account deficit narrowed to 1.175 billion euro ($1.374 billion) in the first seven months of 2018, from 1.177 billion euro in the like period of last year, the central bank, NBS, said.
Trade in goods showed a deficit of 2.701 billion euro in the January-July period, while trade in services recorded a surplus of 558 million euro, data posted on the website of NBS showed.
Primary income deficit amounted to 1.253 billion euro, whereas surplus in secondary income came in at 2.222 billion euro in the first seven months of 2018.
In July alone, Serbia's current account balance deficit widened of 161 million euro from a deficit of 149 million euro in the like period of last year.
In 2017, Serbia's current account deficit widened to 2.09 billion euro from 1.075 billion euro in the previous year.
Details on Serbia's current account balance follow (in billions of euro):
|
Jan-July'18 |
Jan-July'17 |
Current account |
-1.175 |
-1.177 |
- goods |
-2.701 |
-2.106 |
- services |
0.558 |
0.456 |
- primary income |
-1.253 |
-1.455 |
- secondary income |
2.222 |
1.927 |
($ = 0.854905 euro)