the surplus on the current account balance (CAB), which was recorded for the second time since early 2022, stood at €90.2 million. This was mainly driven by a significant contraction in foreign trade deficit and an increase in the surplus on the balance of services (see Chart 1). A more rapid decrease in foreign trade imports (13%), compared to exports (6.3%), significantly reduced the foreign trade deficit, which stood at €395.7 million. As export of services grew faster than imports (by 5.9% and 4.2% respectively), the surplus on the balance of services went up by 9.1% and amounted to €544.6 million;
the secondary income balance was in surplus, amounting to €0.2 million. Transfers from European Union (EU) support funds (€20.9 million) contracted by 3.2 times, whereas Lithuania’s calculated contributions to the EU budget (€41.7 million) went up by 25.9%, compared to October. Personal transfers from abroad amounted to €59.6 million, a month-on-month increase of 3.0%. Personal transfers from Lithuania amounted to €33.0 million, representing a month-on-month decrease of 6.6%;
the negative net flow of financial account investment (€272.4 million) was mainly driven by the negative net flow of other investment.
