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HUNGARY TRADE SURPLUS NARROWS TO EUR 697 M IN JULY

 

Hungary’s trade surplus was 697 million euros in July, down from 1.568 billion euros in June, the Central Statistical Office (KSH) said in a first reading of data on Friday. Exports rose by 4.3% year on year, to 11.372 billion euros. Imports fell by 12.9%, to 10.675 billion euros. Trade with other European Union member states accounted for 76% of Hungary’s exports and 72% of its imports during the month. In January-July, Hungary’s exports increased by an annual 10.6%, to 88.820 billion euros, while imports edged down by 0.8%, to 83.761 billion euros. The trade surplus was 5.060 billion euros.