Hungary's trade deficit was €258.1 million August, €187.4 million less than in the same month a year earlier, the Central Statistics Office (KSH) reported on Tuesday in a second reading of the figures.
The latest deficit figure is €29.8 million less than the preliminary figure published on October 3. The revised figure brings the January-August trade deficit to €1,679 billion, €30 million less than the preliminary figure, and €382.5 million less than in same period in 2005. In euro terms, August exports rose 15.3% year-on-year to €4.423 billion, and exports in January-August increased 16.1% year-on-year to €36.609 billion. Euro-term imports were up 9.4% year-on-year at €4.681 billion in August, and they rose 14% year-on-year in January-August to €38.289 billion. In volume terms, exports were up 16.3% year-on-year in August and imports rose 13.9%. Eight-month export volume rose 15.9% year-on-year and import volumes increased 11.5%. (Mti-Eco)
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.