The export may pick up again in the coming months
In the coming months the export picks up again because the industry weakness’s was probably temporary and the European economic data also indicate an upturn – analysts commented the latest data of the Central Statistical Office (KSH).
The Central Statistical Office (KSH) published on Thursday that the value of exports in euro was 1.1 percent lower than a year before, while the value of imports in euro was 3.5 percent lower in October 2016. The trade balance surplus amounted to 891 million euros, 167 million more than in October last year. (MTI)
Related news
KSH: The services foreign trade surplus was 2.2 billion euros in the first quarter
In the first quarter of 2025, exports of services in…
Read more >KSH: the number of guests (1.4 million) in tourist accommodation establishments increased by 17 percent and the number of guest nights (3.4 million) by 16 percent compared to a year earlier in April
In April 2025, 1.4 million guests spent 3.4 million guest…
Read more >Distant but open door: Hungarian companies see opportunities in Uzbekistan
Although geographically and culturally distant, Uzbekistan could be one of…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >