Trademagazin > News and articles > Market News > KSH: trade surplus was nearly 7 billion euros in 2012
KSH: trade surplus was nearly 7 billion euros in 2012
Last year, export in euros was 0.1 percent higher than in 2011, while imports rose by 0.5 percent. The trade balance surplus was 6.8 billion euros, 237 million euros less than in 2011 – the Central Statistical Office (KSH) published on Monday.
In 2012, the import price level measured in forints increased by 4.2, exports increased by 2.9 percent over the previous year. The terms of trade deteriorated by 1.2 percent. Forint weakened compared to USD by 12, compared to euros by 3.3 percent. (MTI)
Related news
More related news >
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >