ADVERTISEMENT

Hungary's September trade deficit up €6 mln

Figures

Hungary's trade deficit was €116 million in September 2006, €6 million more than in same month a year earlier, according to a first estimate published by the Central Statistics Office (KSH) on Thursday.

The January-September trade deficit was €1.795 billion according to the preliminary figures, still €377 million less than in the same period of 2005. September exports totaled €5.185 billion, up 6.6% from a year earlier. Imports grew by 6.5% in twelve months to €5.301 billion in September. The pace of both exports and imports dropped considerably from August when euro-term exports rose 15.3% and imports rose 9.4% year-on-year. Nine-month exports rose 14.8% year-on-year to €41.794 billion, and nine-month imports rose 13% year-on-year to €43.590 billion. European Union member countries had a 74% share in Hungary's exports and a 68% share of its imports in September, KSH said. KSH will publish detailed and revised September trade figures on December 1. (Mti-Eco)

ADVERTISEMENT

OECD projects Hungary GDP growth will slow to 5% in 2022 Analysis

OECD projects Hungary GDP growth will slow to 5% in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.