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Financial News: Bulgaria Current Account Surplus Grows In August

Bulgaria Current Account Surplus Grows In August

10/18/2017 - 06:54:00 (RTTNews)

(RTTNews) - Bulgaria's current account surplus increased in August from a year ago, figures from the Bulgarian National Bank showed Wednesday.

The current account surplus rose to EUR 751.1 million in August from EUR 570.5 million in the corresponding month last year.

However, the goods trade deficit widened to EUR 205.1 million in August from EUR 129.1 million a year earlier. At the same time, the services trade surplus climbed to EUR 754.6 million from EUR 715.2 million.

The primary income balance came in at a surplus of EUR 28.6 million versus a shortfall of EUR 92.8 million last year. The secondary income surplus increased from EUR 77.1 million to EUR 173.0 million.

Meanwhile, the capital account surplus grew from EUR 5.2 million to EUR 41.1 million. On the other side, the financial account surplus shrank to EUR 664.3 million from EUR 735.6 million.

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