November surplus revised down, trade values, volumes drop
Hungary had a €659.5 million trade surplus in November 2012, €44 million down from the preliminary figure and up from €693.4 million one year earlier, the Central Statistics Office (KSH) said on Friday. Rising exports of the new Daimler plant failed to offset the drop caused by Nokia's transfer of production from Hungary to Asia, the figures suggest. November exports fell 2.0% in twelve months in euro terto €7.296 billion. Imports dropped 1.7% €6.637 billion. The drops were sharper in volume terms, with export volume dropping 4.3% and imports dropping 4.6% yr/yr, reflecting that export prices rose 2.4% in euro terand import prices were up 3.1% in the period.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.