Hungary Trade Deficit EUR 91 M in February

Economy

Hungary’s trade balance showed a deficit of 91 million euros in February, the Central Statistical Office (KSH) said in a first reading of the data.

 

Hungary, an export-driven economy where trade surpluses are the norm, has shown a deficit for the eighth month in a row. Exports rose by an annual 17.7%, to 11.403 billion euros and imports climbed 29.2% to 11.494 billion. Trade with other European Union member states accounted for 76% of exports and 69% of imports.

 

 

hungarymatters.hu

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