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FX.co ★ Slovakia’s Current Account Deficit Narrows in August, Signalling Mild External Improvement

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typeContent_19130:::2026-10-20T07:00:00

Slovakia’s Current Account Deficit Narrows in August, Signalling Mild External Improvement

Slovakia’s current account deficit narrowed in August 2026, offering a tentative sign of easing external pressures. The balance improved to -845.0 million euros, compared with a revised deficit of -1,042.0 million euros recorded in July 2026.

The latest figures, updated on 20 October 2026, indicate a month-on-month reduction in the shortfall, suggesting some stabilization in Slovakia’s external position over the late summer period. While the current account remains firmly in negative territory, the smaller deficit in August may reflect shifts in trade flows, income balances, or transfers that moderated external imbalances compared with the previous month. Investors and policymakers are likely to watch upcoming data releases closely to assess whether this improvement marks the start of a more sustained trend.

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