Analysts: domestic demand increases imports
Internal consumption and investments drive imports, while export growth has slowed considerably in August, which reduced the foreign trade surplus according to MTI analysts.
According to the first estimate of the Central Statistical Office (KSH) published on Tuesday, the value of exports in euro increased by just 0.9 percent in August, compared with a year before, following a peak of 11.4 percent in July. (MTI)
Related news
Egg prices rose by 3 percent in the EU and 19 percent in Hungary
According to European Commission data, the EU (EU27)’s egg and…
Read more >Tourism in December 2024: growing tourist traffic, different regional trends
In December 2024, the number of guests staying in tourist…
Read more >KSH: food industry sales prices increased by 4.5 percent
In December 2024, industrial producer prices were 9.0 percent higher…
Read more >
More related news >
Related news
Strong brands, strong Hungary: the Ministry of National Economy actively supports the branding efforts of domestic businesses
Strengthening a tax system that supports the competitiveness of domestic…
Read more >