Analysts: investments and consumption increase import growth
The decisive role of investments and consumption in the country’s economic growth, together with its significant import content, led to a more rapid increase of imports, compared to exports in the first month of this year.
According to the first estimate of the Central Statistical Office (KSH) released on Monday, in January the value of exports in euro increased by 6.4 percent and imports by 9.7 percent compared to the same period of the previous year, while the foreign trade surplus decreased by 225 million euros to 382 million euros. (MTI)
Related news
The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February 2024, the export volume exceeded 3.4 percent, while…
Read more >KSH: the number of guest nights increased by 25 and the number of guests by 30 percent compared to March 2023
The number of guest nights increased by 25 percent and…
Read more >Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >