Analysts: surprise with first-quarter detailed GDP data

By: Trademagazin editor Date: 2021. 06. 01. 11:40

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Analysts interviewed by MTI are looking for an explanation for the surprisingly positive developments from the details of the upwardly revised first-quarter GDP data.

In its second estimate released on Tuesday, the Central Statistical Office (KSH) improved its first-quarter GDP indicators upwards compared to its first estimate, which was published two weeks ago and was already surprising. The volume of gross domestic product was 2.1 percent lower than in the first quarter of last year, which is 0.2 percent less than in the first estimate. (MTI)