Foreign trade balance can be improved due to a decline in consumption
According to the datas of KSH, the trade balance for the first five months of this year showed 455 billion HUF (1.528 billion euros) assets. According to analysts; foreign trade balance can be improved due to a decline in consumption.
In the opinion of Kondrát Zsolt, the leading analyst of MKB Bank Zrt, the improvement of the foreign trade balance was a trend of the past months. Because the decrease of the import can improve the foreign trade balance, above the expectations. Kondrát Zsolt considered that foreign trade balance will improve until world economy does not start to grow – reports ProfitLine.hu.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >