The foreign trade surplus in services was 790 million euros in the second quarter
The economic impact of the coronavirus pandemic has intensified in several areas of foreign trade in services compared to the previous quarter, the report added.
The significant decrease in the surplus can be explained mainly by the drastic 85.6 percent decline in tourism assets, but also by the 69.4 percent and 35.6 percent deterioration in the balance of contract services for transport services, respectively. (MTI)
Related news
The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
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 >KSH: industrial producer prices decreased by 3.0 percent in March 2024 compared to a year earlier
In March 2024, industrial producer prices decreased by 3.0 percent…
Read more >Related news
Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro…
Read more >Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on…
Read more >K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >