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
Can the lending boom continue next year?
The volume of retail loan agreements this year could even…
Read more >Online and discount grocery to experience fastest growth in next 5 years
Online and discount grocery channels are set to experience the…
Read more >OECD upgrades global GDP growth forecast for 2025
The Organization for Economic Co-operation and Development (OECD) on Wednesday…
Read more >Related news
Most major grocery chains will keep their stores open until noon on December 24th
Most of the large grocery chains will keep their stores…
Read more >Viktor Orbán: Economic recovery and historic opportunities for 2025
On Friday morning, Prime Minister Viktor Orbán presented the Hungarian…
Read more >Recognition of Consumer Protection Excellence: Honoring the Best of 2024
This year’s outstanding consumer protection officers and special award recipients…
Read more >