Accelerating export, huge trade surplus
The May trade surplus of 720 million euros is much higher than expected, and it seems to be realistic that the 3.3 billion surplus of the first five months can reach more than 7 billion euros in the end of the year – explained analysts to MTI on Friday.
According to the preliminary datas of the Central Statistical Office (KSH); exports in May increased by almost 19 percent, while imports by 14 percent, the foreign trade surplus was 720 million euros – reports profitline.hu.
Related news
More related news >
Related news
You can still save, but not on all margin-stopped products
Although the effect of the Hungarian price caps is starting…
Read more >More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Frosty spring, severe damage: fruit harvest could collapse in 2025
The April frosts caused serious damage to Hungarian fruit production:…
Read more >