Trademagazin > News and articles > Market News > Weak domestic demand and accelerating export improve the trade balance
Weak domestic demand and accelerating export improve the trade balance
According to the Tuesday report of the Central Statistical Office (KSH); the March trade balance surplus of 831.1 million euros (225 billion HUF) continued to improve the February record of 831.0 million euros.
In the first quarter foreign trade reached a 2.063 billion euro surplus, compared with last year's 1.457 billion euros, which represents an improvement of 606 million euros. Net export contribution to GDP growth was also stronger than expected in the first quarter – reports ProfitLine.hu.
Related news
More related news >
Related news
The Hungarian Food Bank Association’s Christmas campaign starts on Friday
From Friday to Sunday, as part of the Food Bank’s…
Read more >Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a…
Read more >NAV: the public should only order from reliable, well-known online stores
The National Tax and Customs Administration (NAV) advises the public…
Read more >