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 gap between wages and retail sales growth is widening
Last year, 39% of salaries were spent in retail, which…
Read more >Favourites recreated – without lactose
This article is available for reading in Trade magazin 2025/5.…
Read more >Albert Heijn introduces reusable bread bags
Albert Heijn has rolled out reusable bread bags in 600…
Read more >