Trademagazin > News and articles > Market News > Analysts: consumption may have significantly dragged GDP growth in the first quarter
Analysts: consumption may have significantly dragged GDP growth in the first quarter
In addition to wage increases at the beginning of the year, one-off benefits paid in February, low base data and gasoline tourism also contributed to inflation expectations in March, according to MTI analysts.

Household consumption has taken its toll on economic growth in the first quarter
According to a report by the Central Statistical Office (KSH) published on Wednesday, the volume of retail trade turnover in March was 16.2 percent higher than a year before. The turnover in food and food-type mixed stores was 0.2 percent higher, essentially the same as in March last year. (MTI)
Related news
New momentum in start-ups, but the decline in the number of companies has not stopped yet
A new wave of company formations hit the business sector…
Read more >Three counties where Christmas is not the peak: retail trade is booming in the summer
Nationally, December is the peak month for retail: the holiday…
Read more >The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >
More related news >
Related news
OKSZ has spoken out regarding the extension of the margin freeze
Viktor Orbán announced the extension of the margin freeze. The…
Read more >KSH: investment performance decreased by 8.0 percent compared to a year earlier
The volume of investments in the second quarter of 2025,…
Read more >K&H’s child-friendly office has been renovated
Summer break is paradise for children, while for parents it…
Read more >