The must-have newsletter about Hungary

Related Articles

HUNGARY'S C/A DEFICIT OVER EUR 1 BN IN APRIL

 

Hungary posted a 1.07 billion euro deficit on its current account in April as the deficit on trade widened sharply, according to preliminary monthly figures published by the National Bank of Hungary (NBH). A deficit was already apparent in March as the pandemic started to affect the economy. The c/a deficit in April was more than three times the March figure. The export of goods dropped by more than one third while imports were down by just over a quarter from March.