In September 2012, the balances of services and of current transfers in surplus could not offset the balances of trade and of income in deficit, which led to a build-up of an LTL 475.8 million deficit in the current account balance (CAB). The CAB in deficit only builds up for a fourth month during the first nine months of 2012. The positive value for the financial account balance (LTL –127.5 million) in the balance of payments in September 2012 resulted from net direct, portfolio and other investment inflows.
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 September 2012 see the Bank of Lithuania’s Statistical (152.5 KB download icon)Release (152.5 KB download icon). Comprehensive data is presented on the website of the Bank of Lithuania.