Analysts: the decline in exports is temporary
According to analysts interviewed by MTI the decline in June exports is temporary, there is a significant annual increase in the trade surplus. The experts noted that the country's external trade performance will positively influence GDP growth.
According to an initial estimate of the Central Statistical Office (KSH) published on Thursday, the value of exports in euros declined by 5.2 percent, while the imports decreased by 6.0 percent in July, compared to the same month of last year. The trade surplus increased by 24 million euros to 662 million euros. (MTI)
Related news
Asparagus season starts in Hungary: export powerhouse or gastronomic opportunity?
While it is celebrated as a spring delicacy in Western…
Read more >Raw milk exports decreased
According to AKI PÁIR data, the national average producer price…
Read more >Disrupted market, uncertain future – foot-and-mouth disease epidemic could have serious consequences
The outbreak of foot-and-mouth disease (FMD) in Hungary has triggered…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >Ice cream ferry and battle of Balaton flavors – the Balaton Fagyija election is coming
On May 9th, not only will the ferry between Tihany…
Read more >