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Bulgarian Foreign Trade Balance Positive

Published: December 15, 2012; 16:39 · (Vindobona)

In September the current account was positive (€ 332.7m), which is typical for that month of the year, mainly due to the realization of revenues from tourism and agricultural exports, Raiffeisen Research states.

Bulgarian Foreign Trade Balance Positive / Picture: © Flickr

Due to the weakening of these favourable factors compared to the summer months of the year, the surplus declined on a monthly basis. However, the decline in the current account vs. August was unusually small (€ 85.8m) and therefore compared to a year earlier it posted a dynamic positive growth (€ 313.9m), on the back of improvement of all its major components.

This article includes a total of 707 words.

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