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TRADE SURPLUS EUR 1.6 BN IN NOV

 

Hungary posted a trade surplus of 1.6 billion euros in November, up 3.0 billion euros year on year, the Central Statistical Office (KSH) said in a second reading of the data. Exports slipped by 3.1% year on year to 13.0 billion euros. Imports dropped by 23% to 11.4 billion euros. In volume terms, exports were down 3.6%, while imports fell by 16%. Adjusted for calendar year effects, export volume was down 3.5% and import volume 16%. In a month-on-month comparison, adjusted exports were down 2.8% and imports 6.1%.