NGM: foreign trade growth has a healthier structure
In addition to the export of machinery and transport equipment the pharmaceutical industry’s exports also contributed significantly to the healthy growth structure – the Ministry of National Economy (NGM) calls attention in its report released on Monday by commenting the August foreign trade data of the Central Statistical Office.
According to the communication of the Ministry of National Economy in the first eight months of minor changes can be observed in the structure of foreign trade growth.
The Central Statistical Office (KSH) announced on Monday that the volume of exports increased by 6.6 percent in August, while the volume of imports increased by 7.0 percent, compared to the same month of the previous year. The surplus grew by 21 million euros, compared with August last year, reaching 455 million euros. (MTI)
Related news
Asparagus season starts in Hungary: export powerhouse or gastronomic opportunity?
While it is celebrated as a spring delicacy in Western…
Read more >Spinach producer price increased
According to Eurostat data, 14.02 thousand tons of spinach were…
Read more >Raw milk exports decreased
According to AKI PÁIR data, the national average producer price…
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 >