Hungary Jan.-Sept. Trade Surplus Widens

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Wednesday, the Hungarian Central Statistical Office announced that the trade balance of EUR 3.31 billion surplus in the January to September period, revised from EUR 3.32 billion surplus estimated initially. A year ago, the trade deficit was EUR 172 million.

During the period, the volume of exports and imports decreased by 16% and 22% respectively. Exports and imports volume revised from a decline of 23% and 29% reported initially.

In September, exports volume dropped 7% year-on-year to EUR 5.61 billion in September, while imports volume fell 11% to EUR 5.13 billion. The trade surplus stood at EUR 477 million in September, revised from EUR 486 million surplus estimated earlier.

Wednesday, the Hungarian Central Statistical Office announced that the trade balance of EUR 3.31 billion surplus in the January to September period, revised from EUR 3.32 billion surplus estimated initially. A year ago, the trade deficit was EUR 172 million. (Market News Provided by RTTNews)