Hungary's Jan-May foreign trade surplus widens 9.1% y/y - prelim data

By bne IntelliNews July 10, 2013

Hungary's foreign trade surplus increased by 9.1% y/y to EUR 3.11bn in January to May 2013, preliminary data of the statistics office showed. Both exports and imports grew in the period with exports rising by 1.8% y/y to EUR 33.66bn, faster than imports' growth of 1.1% y/y to EUR 30.56bn.

In May alone, the trade surplus declined by 10.4% y/y to EUR 653.2mn.

Exports decreased by 1.9% y/y to EUR 6.9bn, reversing from a 11.7% y/y rise in April. Imports edged down by 0.9% y/y in May after a 7.6% y/y rise in the previous month.

The statistics office will publish detailed foreign trade data on August 2, 2013.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Hungarian branch of Bucharest listed Digi to buy Invitel Tavkozlesi in €140mn deal

Bucharest listed Digi Communications announced on July 21 that its Hungarian subsidiary, Digi Tavkozlesi es Szolgaltato, has signed an agreement to acquire Hungarian broadband and telephone provider ... more

Czech judiciary denounces Poland's move to end separation of powers

Senior Czech judges on July 21 denounced Poland's judicial overhaul as an attack on the rule of law. With big street protests in the Czech Republic's neighbour seemingly gathering momentum – 120 ... more

Hungary's MOL strikes licensing deals essential to $1.9bn petrochemical expansion ambitions

Hungary's MOL announced on July 20 that it has struck licensing deals with Germany's Evonik Industries and Thyssenkrupp that will be essential in its plan to roll out a $1.9bn investment in ... more

Most Read

  1. Wildfires hit Croatia and Montenegro’s Adriatic coast
    7 days ago
  2. STOLYPIN: Donbas continues to be as unpredictable as it is unloved
    6 hours ago
  3. Tajik president’s 23-year old daughter appointed deputy head of largest Tajik bank
    5 days ago
  4. EU allows Gazprom to use an additional 40% of OPAL gas pipeline's capacity
    1 day ago
  5. Bosnia’s ruling coalition collapses
    3 days ago
  1. CHINA RISING: When sleeping giants meet
    14 days ago
  2. Belarus’ retail king Euroopt goes on the road
    19 days ago
  3. STOLYPIN: Russia’s cyber-challenge cuts both ways
    22 days ago
  4. Siemens considers quitting Russia
    11 days ago
  5. COMMENT: Gazprom’s exit from Turkey is a sign of the times
    11 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss