Hungary Swings To Trade Surplus In September

Friday, a preliminary report from the Hungarian statistical office showed that the trade balance showed a surplus of EUR141.1 million in September, reversing a deficit of EUR76.1 million August. Compared to the same month of the previous year, the balance deteriorated EUR102 million. Economists had expected a trade surplus of EUR150 million for September.

In euro terms, exports rose 9.2% year-on-year to EUR 6.724 billion, while imports climbed 11.3% to EUR6.582 billion.

During the period from January to September, the trade balance showed a surplus of EUR166 million. The value of exports was EUR55.929 billion, while that of imports was EUR55.763 billion. In euro terms, exports grew 10.7%, while imports rose 9.9%.

by RTTNews Staff Writer

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