Trade Dynamic Improvements

March 2007
Emerging Europe Monitor: Central Europe & Baltic States;Mar2007, Vol. 14 Issue 3, p3
Country Report
Country Report
The article offers an economic outlook for Hungary for 2007. The country's current account deficit for the third quarter of 2006 came in at €1.13 billion, bringing the nine month cumulative deficit to €4.06 billion. It was suggested that the emerging trend is of a narrowing trade differential, as imports slow on waning consumer demand and capital investment. It was expected that the shortfall should be reduced to 4.5% of the gross domestic product.


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