Greece’s current account deficit decreased in April from a year ago, mainly due to improvements in the balance of goods and the secondary income account, data from the Bank of Greece showed on Friday.
The current account showed a deficit of EUR 1.4 billion in April, down from EUR 2.3 billion in the corresponding month last year.
The goods trade deficit narrowed to EUR 2.3 billion from EUR 2.9 billion as exports grew faster than imports. At the same time, the services surplus dropped to EUR 914 million from 921 million due to a shift from net receipts to net payments in the other services balance.
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