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Poland's Current Deficit Narrows In December

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Poland's current account deficit narrowed to $1.51 billion in December from $1.84 billion deficit in November, data from the National Bank of Poland showed Friday.

Goods trade deficit widened to $1.03 billion from $455 million and the surplus in services trade shrank to $551 million from $775 million.

The income deficit was $1.31 billion in December, down from $1.61 billion deficit in November.

The capital account surplus rose to $1.00 billion from $590 million. Financial account balance turned to a deficit of $1.19 billion from a surplus of $2.99 billion.

(Market News Provided by RTTNews)

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