Hungary trade balance shows EUR 708 m deficit in March
Hungary’s trade balance showed a 708 million euro deficit in March, the Central Statistical Office (KSH) confirmed in a second reading of data released on Thursday.
- Read also: Chaos at petrol stations over dual pricing
Exports rose by an annual 8.8 percent to 12.131 billion euros and imports climbed 25 percent to 12.840 billion euros.
Hungary’s terms of trade deteriorated by 6.7 percent during the period as the forint weakened by 3.1 percent against the euro and by 11 percent against the dollar.
Read alsoWhere should you invest your money in 2022?
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Top Hungary news: Szoboszlai’s engagement, Schengen Zone, guest workers, Wizz Air’s new flights – 17 October, 2024
France’s Rassemblement National a strong ally of the Orbán cabinet, says minister
Budapest will become the world’s ballet capital in November
4 Hungarian tourism destinations recognised among Europe’s best!
Minister talks about the Hungarian economy’s future: 3-4% GDP growth, SME program, strict rules for Airbnb, rentals
English soccer fans outraged about Hungarian “worst food in football”