16 August 2005, 12:37  Spain May current account deficit widens to 5.258 bln eur vs 3.314 yr earlier

The Bank of Spain said the current account deficit widened to 5.258 bln eur in May from 3.314 bln a year earlier, mainly as a result of the increase in the trade deficit, which grew to 5.653 bln from 4.078 bln. The surplus in services narrowed to 2.056 bln eur in May from 2.112 bln a year earlier, while the surplus in tourism declined 7.1 pct to 2.171 bln eur from 2.336 bln eur a year earlier.

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