Trade deficit €110.6 mln in June

Analysis

Hungary's trade deficit was €110.6 million in June, revised down €10.2 million from a preliminary €120.8 million deficit published on August 9, and up €44 million from a year earlier, the Central Statistics Office (KSH) reported on Friday in a second reading of the figures.

The January-June trade deficit came to €1.096 billion, €3 million less than the preliminary figure, and €33.5 million less than in same period in 2005.
In euro terms, June exports rose 10% from a year earlier to €4.912 billion and January-June exports increased 16.1% year-on-year to €27.746 billion. Euro-term imports were up 10.8% year-on-year in June alone at €5.023 billion and rose 15.2% from a year earlier in January-June to €28.842 billion.
In volume terms, June exports were up 9.1% and June imports rose 7.7% from a year earlier. Six-month export volume rose 15.6% year-on-year and import volumes increased 12%.

ADVERTISEMENT

Industries lose billions on counterfeit products Analysis

Industries lose billions on counterfeit products

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.