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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
HungaryHungary Balance of Trade MoM fell to 69M in July 2026
FMPMonthlyReleased August 2026
Hungary Balance of Trade MoM fell to 69M in July 2026, released August 2026, down 1,103.7M from June's 1,172.7M reading. The reading missed the 1,305M consensus by 1,236M. The print is running well below the 12-month average of 783.89M. Over the past 3 months, Balance of Trade MoM averaged 903.4M, vs 744.05M in the prior 3-month window.
Latest Release
69
Actual
1305
Consensus
1172.7
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.91 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.62 | COMMODITIES | Moves with | → View |
| DAX | ▲ Direct | +0.61 | INDEX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.59 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.57 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Balance of Trade MoM (Hungary) was reported at -480.90 million in September 2026. The reading fell from the previous value of 69.00 million. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 360.53 million, ranging from -480.90 million to 1,305.00 million across 6 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 297.70 million, down from the prior three at 423.37 million.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU).
WHAT TO WATCH NEXT
The next release is scheduled for October 29, 2026.
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Balance of Trade MoM - HU
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About Balance of Trade MoM — Hungary
DEFINITION
Hungary's Balance of Trade MoM plunged to -480.900000 million HUF in September, a sharp miss from August's 69 million HUF surplus. This reversal signals a significant deterioration in trade flows month-over-month. Market participants will closely watch upcoming data for further signs of economic strain. Updated 9/30/26
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual -480.9 M. Prior reading (Jul 2026): 69 M. Before that (Jun 2026): 1,305 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.91) — a useful reference for index-focused traders.
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Economic Calendar - HU Events
| Thursday, October 22, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | HU | Unemployment Rate | 4.7 | 4.8 | 4.7 | 4.78 | Low |