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HUNGARY C/A DEFICIT REACHES EUR 1.556 BN IN OCT

 

Hungary’s current account had a 1.556 billion euro deficit in October, preliminary monthly data released by the National Bank of Hungary (NBH) on Thursday show. Hungary had a 1.048 billion euro trade deficit for the month, the balance of a 1.483 billion deficit in trade of goods and a 435 million euro surplus in trade of services. The primary income balance showed a deficit of 371 million euros as investors repatriated 544 million from direct investments. Capital transfers from the European Union came to 63 million euros for the month.