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Financial News: Finland Current Account Balance Swings To Surplus

Finland Current Account Balance Swings To Surplus

01/12/2022 - 02:56:00 (RTTNews)

(RTTNews) - Finland's current account swung to a surplus in November from a deficit in the previous month, data showed by Statistics Finland showed on Wednesday.

The current account balance showed a surplus of EUR 403 million in November versus a deficit of EUR 1.95 billion in October.

In the same period last year, the surplus was EUR 851 million.

The goods account in balance of payment terms was EUR 0.1 billion in surplus. Meanwhile, the service account was in deficit.

The primary income account was EUR 0.8 billion in surplus, while the secondary income account was EUR 0.2 billion in deficit.

Data showed that the 12-month moving total of the current account was EUR 2.0 billion in surplus.

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