Hungary's October trade gap widens to €207 mln on imports

Food

Hungary's October trade deficit widened from the previous month as imports rose faster than exports, the statistics office said today.

The deficit was €207 million ($275 million), compared with €81.2 million in September and €355.5 million in the same period last year, the office said in a statement. Exports totaled €5.4 billion, 19.4% higher than in October 2005, while imports rose to €5.6 billion, up 15% from a year ago. The ten-month deficit was €1.96 billion versus €2.5 billion in the same period last year. (Bloomberg)

ADVERTISEMENT

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga Analysis

Gen Gov't Deficit to Reach 6.1% of GDP in 2022 - Varga

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

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.