2013-09-11
(Survey of key indicators)
A significant increase in trade balance deficit and a strong decline in the balance of current transfers surplus in July 2013 led to the current account balance (CAB) being in deficit of LTL 345.7 million. In June, the current account balance recorded a surplus of LTL 1.1 billion. The negative value (LTL –295.8 million) of the balance of payments financial account balance in July 2013 resulted from strong growth in official reserve assets.
The above data was released by the Statistics Department of the Bank of Lithuania.
For more information on the country’s Balance of Payments for July 2013 see the Bank of Lithuania’s Statistical Release (33.8 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.