Analysts: investments and consumption increase import growth
The decisive role of investments and consumption in the country’s economic growth, together with its significant import content, led to a more rapid increase of imports, compared to exports in the first month of this year.
According to the first estimate of the Central Statistical Office (KSH) released on Monday, in January the value of exports in euro increased by 6.4 percent and imports by 9.7 percent compared to the same period of the previous year, while the foreign trade surplus decreased by 225 million euros to 382 million euros. (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 >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 >GKI analysis: We can do something about economic vulnerability ourselves
The government’s “flying start” in 2025 would require a surge…
Read more >Tesco raises employee wages
Tesco is increasing the basic salary of its store employees…
Read more >