Latvia’s current account surplus decreased in October from the previous year, figures from the Latvian Central Bank showed Monday.
The current account surplus fell to EUR 47.15 million in October from EUR 67.73 million in the corresponding month last year. In September, the surplus was EUR 17.17 million.
The goods trade deficit narrowed to EUR 92 million in October from EUR 110.5 million a year earlier. At the same time, the surplus on services trade shrank to EUR 142.98 million from EUR 152.48 million.
The capital account surplus came in at EUR 77.53 million October, down slightly from EUR 80.06 million in the same month of the prior year. The financial account turned to deficit of EUR 316.3 million from a surplus of EUR 87.18 million.
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