Israel Posts Quarterly Current-Account Surplus of $71 Million
This article is for subscribers only.
Israel’s posted a current-account surplus for a second consecutive quarter, as the balance of trade widened, the Central Bureau of Statistics said today.
The seasonally adjusted surplus was $71 million in the fourth quarter, down from a revised $224 million in the July-September period, the statistics bureau said in an e-mailed statement. For the year, the country posted a deficit of $199 million, compared with a revised surplus of $3.4 billion in 2011 and $8.1 billion in 2010.