Macroeconomic Forecast Hungary

November 2005 | Macroeconomic Forecasts

BMI View: In the first eight months of 2005, the international trade shortfall reached EUR1.9bn. This was largely attributable to the import of machinery and transport equipment, as well as manufactured goods, which together account for over 70% of total import spending. With the merchandise trade balance the key driver of the external accounts, we anticipate an end-year current account deficit equivalent to 7.6% of GDP.

If you would like to subscribe to Central Europe & Baltic States Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Central Europe & Baltic States Monitor please click on the trial link below.