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Hungary’s current account had a EUR 125 million surplus in February, after a EUR 458 mln deficit in the previous month, preliminary monthly data released by the National Bank of Hungary (MNB) on show.
The trade surplus reached EUR 768 mln, as the surplus in trade of services came to EUR 844 mln, but the trade balance for goods showed a deficit of EUR 75 mln, state news wire MTI reported.
The primary income balance had a deficit of EUR 470 mln, as investors repatriated EUR 589 mln from direct investments and remittances reached EUR 289 mln.
Capital transfers from the European Union came to EUR 146 mln for the month.
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