Poland's C/A deficit up in February - central bank

Grzegorz Jakubowski/PAP

Poland's current account deficit rose to EUR 2.87 billion at the end of February 2022, against a deficit of EUR 638 million recorded at the end of January, according to central bank figures released on Wednesday.

Market analysts expected the deficit to amount to EUR 2.00 billion.

Poland recorded a EUR 1.74-billion deficit in the trade of goods, and a EUR 2.25-billion surplus in services.

The country recorded a EUR 2.51-billion deficit in primary income and a EUR 873-million deficit in secondary income.

Exports of goods in February 2022 grew by 10.4 percent year on year, and imports rose by 21.6 percent from February 2021.