Foreign trade surplus will continue to grow this year
Although the December trade surplus became lower than expected, analysts believe that surplus will continue to grow this year, partly due to the growth of export, partly and drop in imports.
According to the Wednesday published data s of the Central Statistical Office; in January and December last year exports increased by 11.7 and imports by 10.5 percent. The foreign trade balance showed a 1,949 billion HUF (6.957 billion euros) surplus. The balance improved by 433 billion HUF (1.442 billion euros), compared to the previous year – reports MTI.
Related news
Related news
Summer rejuvenation requires conscious decisions
Summer vacation is about recharging – or so it would…
Read more >EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >