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KSH: Hungary posts EUR 523 million trade deficit in April

Hungary's trade balance showed a 523 million euro deficit in April, the Central Statistical Office (KSH) said in a second reading of data released on Friday.

In the first reading, published on June 8, KSH had put the April deficit at 475 million euros.

Hungary, an export-driven economy where trade surpluses are the norm, had a trade deficit for the tenth month in a row.

Exports rose by an annual 12.6 percent to 11.097 billion euros and imports climbed by 22.0 percent to 11.620 billion.

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