The negative balance on the current account amounted to EUR 1.2bn as compared with EUR 1.9bn in December 2011.
On 12 February, the National Bank of Poland released
preliminary data on Poland's balance of payments in December 2012.
According to the figures, goods exports were 0.2% down on the December
2011 level while imports had risen by 0.4%. The deficit on the trade
account exceeded EUR 1.2bn.
Service earnings increased by 13.7% on the December 2011 figure,
while payments grew by 13.5%. The surplus on the service account reached
EUR 276m. The deficit on the income account had widened on the year ago
and amounted to EUR 1.3bn. The resulting deficit on the current account
stood at EUR 1.2bn, as against EUR 1.9bn in December 2011.
There was a decline in both foreign direct investment in Poland and
Polish direct investment abroad. However, this was caused by one-off
financial transactions by special-purpose entities and had no bearing on
investors' real involvement.
No comments:
Post a Comment