Balance of payments: surplus in the first quarter of 2018

The Central Bank of Luxembourg (BCL) and STATEC inform that, according to preliminary provisional results, the current account showed a surplus of 607 million euros in the first quarter of 2018, compared to a deficit of 495 million euros in the same period of the previous year.

The trade deficit (general merchandise) increased by 171 million euros and reached down 1.9 billion in the first quarter of 2018.