The good German datas are good for Hungarians

By: trademagazin Date: 2010. 08. 10. 00:02

Better-than-expected German economy datas were published on Monday. Since Hungary's most important trading partner is Germany, these datas can improve the prospects of the Hungarian economy as well.

According to the Federal Statistical Office; The German exports increased by 3.8 percent in June, while imports rose by 1.9 percent. The export growth is approx. two and a half times higher than the expectations of the analysts.
It is possible that the good German datas will have a positive influence on the Hungarian preliminary GDP data, that will be published on Friday – reports Origo.