Hungary trade surplus EUR 1.6 bn in November

Hungary posted a trade surplus of 1.6 billion euros in November, up 3.0 billion euros year-on-year, the Central Statistical Office (KSH) said in a second reading of the data on Thursday.

Exports slipped by 3.1 percent year-on-year to EUR 13.0 billion. Imports dropped by 23 percent to EUR 11.4 billion.

In volume terms, exports were down 3.6 percent, while imports fell by 16 percent, ksh.hu said.

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Adjusted for calendar year effects, export volume was down 3.5 percent and import volume 16 percent.

In a month-on-month comparison, adjusted exports were down 2.8 percent and imports 6.1 percent.

Source: MTI