Hungary C/A deficit reaches EUR 780 mln in April

Debt

Image by Shutterstock.com

Hungary's current account had a EUR 780 million deficit in April, state news wire MTI reports, citing preliminary monthly data released by the National Bank of Hungary (MNB) on Tuesday.

Hungary had a EUR 211 mln trade deficit for the month, the balance of an EUR 887 mln deficit in trade of goods and a EUR 676 mln surplus in trade of services.

The primary income balance showed a deficit of EUR 366 mln, as investors repatriated EUR 503 mln from direct investments.

Capital transfers from the European Union came to EUR 526 mln for the month.

ADVERTISEMENT

MET Group Launches Solar Parks in Hungary Green Energy

MET Group Launches Solar Parks in Hungary

Gov't to Launch HUF 700 bln Business Credit Scheme  Government

Gov't to Launch HUF 700 bln Business Credit Scheme 

Unemployment Rate at 3.9% in December HR

Unemployment Rate at 3.9% in December

Avatar: The Way of Water Breaks Box Office Record in Hungary Art

Avatar: The Way of Water Breaks Box Office Record in Hungary

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.