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Finnish current accounts show €0.6 billion in surplus in June

byCustoms Today Report
18/08/2015
in Uncategorized
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HELSINKI: Finland’s current account and trade account. Source: Balance of payments and international investment position, Statistics Finland. Current accounts showed in June 2015 a surplus of EUR 0.6 billion, which was caused by the goods account and the primary income account being in surplus, according to Statistics Finland.

The 12-month moving total of the current account was EUR 1.5 billion in deficit. In balance of payment terms, the goods account was EUR 0.4 billion in surplus in June. Exports of goods amounted to EUR 4.7 billion and imports to EUR 4.2 billion in June. The primary income account was EUR 0.4 billion in surplus as per the data.

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Finland’s current account and trade account, 12 –month moving sum. Source: Balance of payments and international investment position, Statistics Finland.The services account and the secondary income account showed a deficit. Financial assets grew by EUR 13.4 billion and financial liabilities by EUR 11.7 billion in June 2015, resulting in net capital outflow of EUR 1.7 billion.

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