Economy ministry: Industry, services sector on the up in Hungary
Budapest, August 15 (MTI) – A number of areas within the industrial and services sectors performed better over the first six months of the year than in 2014, economy ministry state secretary Peter Beno Banai told public news channel M1 on Saturday.
Banai said Hungary’s trade surplus also contributed greatly to the 3.1 percent GDP growth over the first half of the year. He said exports over the first six months exceeded imports by 4.3 billion euros, with the trade surplus being 1.1 billion euros higher than over the same period last year. Banai said European Union financed development projects also lifted the GDP.
Agricultural output was below estimates, the state secretary.