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Export, Import Growth Picks up in December

MTI-Hungary Today 2021.02.08.

Hungary’s exports and imports grew at a faster pace in December, the Central Statistical Office (KSH) said on Monday.

Exports rose by an annual 11.8 percent to 8.4 billion euros and imports climbed by 9.2 percent to 8.1 billion euros, both accelerating from the previous month. The trade surplus stood at 310 million euros, growing from 99 million in the base period.

Exports rose for the fourth month in a row and imports for the second, after contracting for months early in the coronavirus crisis.

Retail Sales Fall 3.2% in December, Edge Down 0.2% for Year
Retail Sales Fall 3.2% in December, Edge Down 0.2% for Year

Retail sales in Hungary fell by annual 3.2 percent in December, the Central Statistical Office (KSH) said on Thursday. Adjusted for calendar year effects, retail sales fell by 4 percent, as food sales increased by 1.9 percent, but non-food sales declined 9.3 percent and vehicle fuel sales dropped by 11.9 percent. For the full year, […]Continue reading

For the full year, exports fell by 4.3 percent to 104.4 billion euros and imports dropped by 5.7 percent to 98.7 billion. The trade surplus came to 5.7 billion euros from 4.3 billion a year earlier.

featured image illustration via Tibor Rosta/MTI


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