Hungary’s trade balance in May posted a surplus of 1.0 billion euros, deteriorating by 218 million euros from the previous year, the Central Statistical Office (KSH) said in a second reading of data. Exports fell by an annual 8.6% to 11.9 billion euros, while imports slipped 7.7% to 10.9 billion euros, KSH said. In volume terms, exports fell by an annual 5.8% and imports by 5.0%. Month on month, export volume was down a seasonally and working-day adjusted 3.1%, while imports were up 1.6%. Hungary’s terms of trade deteriorated 0.2% during the period as the forint weakened by 4.0% against the euro and 4.6% to the dollar. For the period January-May, Hungary had a trade surplus of 6.6 billion euros. Exports fell by 4.8% to 61.0 billion euros and imports declined by 11.4% to 54.4 billion euros.