NGM: the demand supports the strengthening of foreign trade
Behind the upturn in foreign trade the strengthening of external and domestic demand can be both observed – the Ministry of National Economy (NGM) commented to the report of the Central Statistical Office (KSH) that was published on Monday.
The Central Statistical Office reports that the value of exports (calculated in euros) increased by 6.0 percent in February, while the imports increased by 6.1 percent, compared to the previous year. The trade balance surplus increased by 41 million euros to 848 million euros, compared to the previous year and was 139 million euros higher than in January. (MTI)
Related news
Escalating tariff war and search for new markets: European food exports in a difficult situation
The announcement of US punitive tariffs and the escalation of…
Read more >Spinach producer price increased
According to Eurostat data, 14.02 thousand tons of spinach were…
Read more >Surge in egg and horseradish prices before Easter
According to AKI PÁIR data, the price of table eggs…
Read more >Related news
Is game over for Temu and Shein in Europe, too?
The European market is facing a new challenge due to…
Read more >The SZÉP card, health fund membership and merchandise credit also increase the willingness to spend
The Széchenyi Holiday Card is part of everyday life: two-thirds…
Read more >Half of young people feel at least a 16 percent increase in prices
Young people experienced an average inflation rate of 19 percent…
Read more >