Szatyor

Main Menu

  • Home
  • Hungary economy
  • Budapest real estate
  • Budapest mortgages
  • Hungary banks
  • Investment

Szatyor

Header Banner

Szatyor

  • Home
  • Hungary economy
  • Budapest real estate
  • Budapest mortgages
  • Hungary banks
  • Investment
Hungary economy
Home›Hungary economy›Q1 c / a surplus close to 446 million euros, according to preliminary data

Q1 c / a surplus close to 446 million euros, according to preliminary data

By Arthur Holmes
May 17, 2021
0
0



MTI – Econews

Monday May 17, 2021, 1:30 p.m.

Hungary’s current account posted a surplus of just under € 446 million in the first quarter, a merger of preliminary monthly data released by the National Bank of Hungary (MNB) on Monday.

Hungary recorded a trade surplus of 1.459 billion euros for the quarter, with a surplus of 1.182 billion euros in trade in goods and a surplus of 277 million euros in trade in services.

The primary income balance was negative at € 711 million, impacted by FDI, while the secondary income balance was negative at € 303 million.

Capital transfers from the European Union amounted to around € 722 million for the quarter.

MNB will release a first reading of quarterly current account data for the first quarter on June 21.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing worthy journalism is an expensive endeavor. For 27 years, the editors, editors and reporters of the Budapest Business Journal have strived to bring you business news that works, information that is reliable, factual, accurate and presented without fear or favor.

Newspaper organizations around the world have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ​​involving their most important stakeholders, their readers.

We want to offer the same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our BBJ Support button and you can choose how much and how often you send us your contributions.



Related posts:

  1. India-EU cooperation: renouncing the benign neglect of Central and Eastern Europe
  2. Hungary’s GDP down 2.3% year-on-year in first quarter
  3. Szijjarto: Hungary rejects plans to introduce a global minimum tax
  4. Why is the Polish economy emerging so strongly from the pandemic? A comparison with the United Kingdom

Categories

  • Budapest mortgages
  • Budapest real estate
  • Hungary banks
  • Hungary economy
  • Investment

Recent Posts

  • Oil retreats as China’s stimulus package fails to ease worries
  • Ukrainian President asks Davos Global Elite to help isolate Russia
  • EU standoff worsens over Russian oil embargo as Hungary sinks
  • The ruble gains against the dollar and the euro show that Western sanctions are counterproductive
  • Alarming debt levels in advanced economies
  • Privacy Policy
  • Terms and Conditions