In Q1 the trade surplus reached EUR 3.411 bln, the balance of a EUR 1.262 bln surplus in trade of goods and a EUR 2.148 bln surplus in trade of services.
The primary income balance showed a deficit of EUR 1.292 bln, as investors repatriated EUR 1.643 bln from direct investments.
The balance of European Union transfers came to EUR 234 mln for the quarter.
Hungary's seasonally-adjusted net lending — the combined balance of the current and capital accounts — came to EUR 598 mln in Q1, equivalent to 1.2% of quarterly GDP. Unadjusted data show a net financing capacity of EUR 2.146 bln.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
