Analysts expect a 0.5 – 0.7 percent economic growth for 2013

According to analysts, the Hungarian economy will increase between 0.5 and 0.7 percent in 2013. The experts of ING and MKB banks considers, that the growth remains fragile, while the analyst of the Savings Bank believes, that GDP growth may accelerate in the second half of the year.

According to the Wednesday communication of the Central Statistical Office, the gross domestic product (GDP) increased by 0.5 percent in the second quarter of this year, compared to the same period of the previous year, while compared to the first quarter, the performance of the economy increased by 0.1 percent, according to the seasonally and calendar-adjusted datas. On a year on year comparision, GDP increased in the fourth quarter of 2011 the last time. (MTI)