Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  March 14, 2013 16:28:30

U.S. - deficit of the current account deficit unexpectedly fell in 4Q


Deficit of the current account balance in U.S. Q4 last year fell by 1.8% to 110.4 mld.USD. Market counted an average increase in the deficit to 112.5 mld.USD.
Deficit for 3Q revision was increased from pre-notified to the resulting 112.4 107.5 mld.USD.

Balance of payments current account balance is seen as a broader indicator of overall activity of foreign trade.

For the full year 2012 deficit grew by 1.9% to 475 mld.USD and was the largest for the last four years. Deficit corresponded to 2.8% of total GDP.

The trade deficit of goods and services in Q4 rose to 128.4 versus 124.8 mld.USD mld.USD in 3Q.
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US - deficit běžného účtu platební bilance ve 4Q nečekaně poklesl

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