Hungary trade surplus EUR 1.7 bn in November

Hungary posted a trade surplus of EUR 1.7 billion in November, down from 1.0 billion in the previous month, the Central Statistical Office (KSH) said in a first reading of the data on Thursday.

Exports fell by 3.8 percent year on year, while imports dropped by 25 percent.

In volume terms, exports were up 1.0 percent, while imports were down 5.0 percent month-on-month, KSH said.

Hungary’s trade balance improved by EUR 3.2 billion.

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Source: MTI