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Trade surplus in May is EUR 1.146 billion

Hungary's trade balance in May posted a surplus of 1.146 billion euros, narrowing from 1.750 billion in April, the Central Statistical Office (KSH) said on Friday in a first reading of data.

Exports fell by an annual 8.8 percent to 11.922 billion euros, while imports dropped by 9.0 percent to 10.776 billion.

In the January-May period, Hungary posted a trade surplus of 6.739 billion euros, with exports down 4.9 percent to 60.945 billion euros and imports 11.6 percent lower at 54.406 billion.

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