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Hungary January trade surplus widens

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(Globalpost/GlobalPost)

Hungary's trade surplus widened to 316.2 million euros ($405 million) in January from 143.1 million euros in December, official data showed Friday.

The figure was down 41 million euros, however, from January 2012.

Exports rose to 6.46 billion euros compared to 5.44 billion euros the month before and 6.20 billion euros the year before, the national statistics office said.

Imports increased to 6.15 billion euros from 5.29 billion euros in December, and 5.84 billion euros 12 months ago.

Recession-hit Hungary, whose economy is largely dependent on exports, posted a surplus of 6.8 billion euros in 2012.

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http://www.globalpost.com/dispatch/news/afp/130329/hungary-january-trade-surplus-widens