Hungary: C/A balance, 2Q08 |
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C/A deficit amounted to EUR 1.838bn in 2Q08 The central bank has published the 2Q08 C/A balance figures this morning. The C/A deficit amounted to EUR 1.838bn in 2Q08, exceeding both our expectation and the market consensus of EUR 1.4bn. At the same time, due to methodological changes, the bank significantly revised upwards the 1Q C/A deficit from EUR 1.16bn to EUR 1.647bn and the 2007 FY deficit to EUR 6.51bn from just EUR 5.036bn. The bank and the CSO said in a statement that they revised
Filed under: Fundamental
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