Analysts: economic growth will slow down in the second half of the year
Economic growth will slow in the second half of the year, but may still be close to 4.5 percent throughout the year – analysts told MTI commented on Friday’s detailed GDP data released by the Central Statistical Office (KSH).
Gross Domestic Product (GDP) grew by 4.9 percent in the second quarter, compared to the same period of last year, up 1.1 percent from the previous quarter. Services contributed by 2.2 percentage points, construction by 1.2 percentage points and industry by 0.9 percentage points. (MTI)
Related news
The Hungarian economy is facing increasingly strong headwinds
Despite the uptick in household consumption, Hungary’s economic growth is…
Read more >Waiting strategy – and no real confidence
In a quarterly online presentation by PwC Magyarország partner Gábor…
Read more >OECD slightly downgrades global GDP growth forecast for this year and next
The Organization for Economic Co-operation and Development (OECD) has marginally…
Read more >Related news
PwC E-toplist: The largest and most well-known online retailers
4 categories: largest, FMCG, Hungarian, best-known – PwC Hungary published…
Read more >Crisis Map 2024: The number of protracted crises has increased significantly
The MPRSZ registered and analyzed 450 crisis situations according to…
Read more >K&H: how many forints did Hungarians spend playing cards abroad?
K&H bank card customers made nearly 3 million purchases abroad,…
Read more >