Czech Sept current account deficit dives to 5.8 bln crowns, half of forecast |
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Published
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Tue, 13 Nov 2007 10:01
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PRAGUE (Thomson Financial) - Czech Republic's current account deficit shrank to 5.8 bln crowns in September, from 35.65 bln crowns in August, and was far lower than a consensus forecast of 11 bln crowns, data released by the Czech central bank showed.The financial account posted a surplus of 9.5 bln crowns. Net direct investments balance reached a surplus of 11.8 bln crowns, the data showed.Current account measures trade, services, and dividend flows in and out of the country.jana.mlcochova@thomson.compjg/slmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Czech Aug current account gap 32.7 bln crowns, above expectations 