Food exports falling
The trade balance is still improving, but already there are signs in the improvement of the internal demand. The export-import gap is narrower than last year: exports improved by 16.8, the imports by 15.9 percent in April, compared to last year – reports
According to the Central Statistical Office (KSH), trade volume with EU member states of Hungary remains lower than trade volume, with the outsiders of the community. This could also be observed last year and it was due to the fact that the emerging Asian markets barely felt the global crisis. Their daily consumption – albeit at a relatively low base – has expanded rapidly – reports Világgazdaság Online.
Related news
Related news
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >