Analysts expect a further acceleration of GDP growth in the fourth quarter
Banking analysts expect a further acceleration of economic growth in the fourth quarter of the year, after the positive GDP datas of the third quarter. According to the Ministry of National Economy, the economic growth has shifted towards a healthier structure, the increase was supported to the export, domestic demand, consumption and investment as well.
According to the flash estimate of the Central Statistics Office (KSH) published on Thursday the gross domestic product (GDP ) rose by 1.7 percent in the third quarter, compared to the same period of last year, while compared to the second quarter the economy 's performance increased by 0.8 percent according to the seasonally and calendar adjusted datas.
According to Balatoni András, senior analyst of ING Bank, the favorable statistic is not a surprise, as the monthly industrial datas indicated increase. (MTI)
Related news
Related news
The margin cap remains, NGM is satisfied
The government has also taken action against unjustified price increases…
Read more >Postponement came, preparation remained: this is how Hungarian companies are preparing for ESG obligations in light of the Omnibus
The postponement of the fulfillment of sustainability obligations creates an…
Read more >290 million forints in the weekend fundraising
On Friday and Saturday, customers collected 244 tons of food…
Read more >