Deficit

The widening current account deficit was primarily driven by a deterioration in the goods balance and, to a lesser extent, the primary income balance.

The trade deficit amounted to 4.6 billion euros, up by 340 million euros from the same period last year.

According to the latest data, the deficit for the period from April to October 2023 has reached 230 million euros, and estimates suggest that it is expected to rise to 310 million euros by the end of the 12-month period