Analysts: the increase in imports reflects the rise in domestic demand
The 13 percent increase in imports in August reflects the rise in domestic demand, while exports increased by 10.3 percent in line with the August increase of industrial output, according to market analysts commenting the Monday released preliminary data from the Central Statistical Office (KSH) to MTI.
According to the first estimate of the Central Statistical Office (KSH), the foreign trade surplus was 440 million euros in August, 119 million euros less than in August last year. The annual growth rate of imports has exceeded the growth rate of exports since November, due to the rise in investment and consumption, so except for May, when an only 0.6 percentage points difference occured, the amount of trade surplus was lower than in the same month of last year. (MTI)
Related news
A surplus of 513 million euros was generated in foreign trade
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: export surplus in March was over one billion euros
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >
The foreign trade balance is still in surplus
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
K&H: How much does an apartment with a Home Start loan cost?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Ismét díjazza a kiemelkedő hazai üzletembereket az EY
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hungarian-based industrial real estate developer writes a success story
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >