Czech and Polish current accounts in surpluses in May
Polish inflation is heading for record-breaking lows
Latest macro releases from the Czech Republic and Poland showed that external (im)balances have continued to improve this year. On Friday, the Czech current account showed unexpected surplus of CZK 1.94bn for May. The data showed that the monthly surplus of the foreign trade was not offset by dividend outflows, which were lower than usual – though still significant.
Read the full report: FX Daily
KBC