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Hungary Posts Euro 794 Million Current Account Deficit in February

• 15 Apr 2022 5:51 PM

Hungary’s current account had a 794 million euro deficit in February, widening from a 763 million euro gap in the previous month, preliminary monthly data released by the National Bank of Hungary (NBH) shows. 

Hungary had a 316 million euro trade deficit for the month, the balance of a 660 million euro deficit in trade of goods and a 344 million euro surplus in trade of services. 

The primary income balance showed a deficit of 319 million euros, as investors repatriated 428 million euros from direct investments.

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