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Thursday, 25.04.2024, 08:40
Estonia's activity in foreign markets declined in May again
BC, Tallinn, 15.07.2015.
Print version
Print versionThe flash estimate put the Estonian current account at 52 million euros in surplus in May 2015 as Estonia's activity in foreign markets has reduced over the past few months, Estonia's central bank Eesti Pank said, cites LETA.
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The export volume of goods, services and income was smaller in May than the year before and the import of goods also declined compared to May 2014.
The current and capital accounts saw a surplus of 74 million euros in May. This means that the Estonian economy was a net lender to the rest of the world, so the country as a whole invested more resources abroad than it received from there.
Eesti Pank is publishing the flash estimate of the balance of payments monthly for the last month but one. The statistics on the second quarter of 2015 will be published with a comment on 8 September.
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