KSH: foreign trade balance showed a deficit of 76 million euros in last November

By: Trademagazin editor Date: 2022. 02. 01. 11:15

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In November last year, the value of exports in euros increased by 8.2 percent and imports by 15.7 percent year-on-year, the balance deteriorated by 682 million euros and showed a deficit of 76 million euros, the Central Statistical Office (KSH) reported on Tuesday.

Grain exports have increased

The balance is 157 million euros lower than in the first estimate and had a total deficit of 1.466 billion euros in the first five months of last year.

The price level of foreign trade in goods increased by 13 percent in exports and by 20 percent in imports, compared to the same month of the previous year. The exchange rate deteriorated by 5.7 percent. The exchange rate of the forint depreciated by 1.3 percent against the euro and by 5.1 percent against the dollar. (MTI)