Hungary's October trade deficit revised down to €190 mln

Analysis

Hungary's trade deficit was €190 mln in October, €166 mln less than in the same month a year earlier, the Central Statistics Office (KSH) reported on Friday in a second reading of the figures.

The new figure is €17 million less than the preliminary one published on December 8. The revised figure brings the January-October trade deficit to €1,938 billion, €18 million less than the preliminary figure, and €589 million less than the deficit recorded in same period in 2005. In euro terms, October exports rose 20.4% year-on-year to €5.395 billion. Exports in January-October increased 15.9% year-on-year to €47.374 billion. Euro-term imports were up 15.4% year-on-year at €5.584 billion in October, and they rose 13.6% year-on-year to €49.312 billion in January-October. (Mti-Eco)

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.

Support the BBJ

Statistics