Premium Euro Hungarian Government Bond sells like hot cakes in May

forint 2013

The stock of the Premium Euro Hungarian Government Bond (P€MÁK) in circulation leaped by EUR 563 million in May, after an increase of EUR 104.5 m in April and a massive decline of EUR 450 m in March, data by the Government Debt Management Agency (ÁKK) showed on Wednesday. Total stock reached EUR 1.645 trillion by the end of last month.

Hungary still awaits recovery in exports

hungary export 2

Hungary’s Central Statistics Office (KSH) has revised its preliminary foreign trade figures only by a touch, and so exports came in slightly higher and imports slightly lower than what the flash report showed for March. The second reading figures improved the balance by some EUR 30 million to EUR 784 m, a two-year high.