Foreign trade balance can be improved due to a decline in consumption

By: trademagazin Date: 2009. 07. 31. 00:03

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.

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