Analysts still expect trade balance surplus
According to analysts; the improving European business cycle has an impact on the Hungarian foreign trade. A surplus is expected in the foreign trade balance, however, the rate may slightly reduced.
According to the datas of the Central Statistical Office; the surplus of the trade balance decreased in October, from the 540.4 million euros of September, to 408.2 million euros, after the annual growth rate of exports slowed to 16.3 percent, from the 18.5 percent of the previous month, and import increased by 18.3 percent, compared to the 18.6 percent of September – reports Népszabadság Online.
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