Analysts: Foreign trade impoves
Although the surplus of the foreign trade balance declined in October, the turnover grew significantly, according to macroeconomic analysts interviewed by MTI.
Suppan Gergely, analyst of Takarékbank pointed out that foreign trade was performing well in October. In line with the rising industrial production export increased by 11.8 percent, while import increased by 17.0 percent reflecting the explosive domestic demand, the investment boom and the impovement in consumption. (MTI)
Related news
Prices of Hungarian products in Denmark: surprising differences between domestic and foreign prices
Food prices in Hungary continue to rise sharply, so more…
Read more >Amazing price hike on the dairy product market – more and more people may turn to imports
According to the Hungarian Central Statistical Office (KSH), dairy products…
Read more >KSH: The foreign trade surplus in goods was 903 million euros in January
In January 2025, the volume of exports exceeded the level…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >