Poland’s current account deficit rose to EUR 3.97 billion at the end of August, against a revised deficit of EUR 1.89 billion recorded at the end of July, according to central bank figures released on October 14.
Market analysts expected the deficit to amount to between EUR 0.22 billion and EUR 2.1 billion with the median forecast standing at EUR 1.55 billion.
Poland recorded a EUR 2.93-billion deficit in the trade of goods in August, with a EUR 2.16-billion surplus in services.
The country recorded a EUR 3.07-billion deficit in primary income and a EUR 128-million deficit in secondary income.
Exports of goods in August grew by 24.8% YoY and imports by 28.2%. (The First News/Business World Magazine)