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Hungary's September trade deficit up €6 mln

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)