Exports outpaced imports again
In August, exports increased by 2.6 percent in euro terms and exports grew by 1.3 percent year-on-year – the Central Statistical Office (KSH) announced on Wednesday.
The external trade balance showed a modest export surplus of 37 million euros, which is 99 million euros higher than in August last year, when deficit was exceptionally 62 million euros. (MTI)
Related news
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >The situation and prospects of Hungarian mushroom cultivation: innovation and sustainability in the sector
Hungarian mushroom growing is one of the special and outstanding…
Read more >Road to “economic neutrality”: service exports
Analysts regularly deal with Hungary’s foreign trade balance and its…
Read more >Related news
On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection…
Read more >BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index…
Read more >GKI: The need for competitiveness reforms in the EU and Hungary’s role in the changes
The European Union faces significant competitive challenges, needing reforms as…
Read more >