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Trade surplus EUR 1.6 billion in November

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 on Thursday.

Exports slipped by 3.1 percent year-on-year to 13.0 billion euros. Imports dropped by 23 percent to 11.4 billion euros.

In volume terms, exports were down 3.6 percent, while imports fell by 16 percent.

Adjusted for calendar year effects, export volume was down 3.5 percent and import volume 16 percent.

In a month-on-month comparison, adjusted exports were down 2.8 percent and imports 6.1 percent.

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