GKI: Exports have the main role

By: trademagazin Date: 2010. 08. 09. 00:04

According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; the ratio of the mainly export driven economic growth rate will be around 1 percent.

Hungary's industrial production increased by 7.3 percent in the first five months of this year, which is clearly the consequence of the favorable external market boom. The industry's domestic sales, continued to decline by 5.6 percent, while exports increased by 15.1 percent. The turnover of transportation and commercial accommodation also increased.

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