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.

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