Trademagazin > News and articles > Market News > Analysts: GDP growth by the end of 2020 may indicate a faster-than-expected recovery
Analysts: GDP growth by the end of 2020 may indicate a faster-than-expected recovery
Gross domestic product (GDP) growth in the fourth quarter of last year became higher than the analysts’ expectations. It suggests a much higher-than-expected recovery capacity in the economy, meaning a rapid recovery and projections how long the restrictions will last – analysts told MTI commented on the preliminary GDP data.
According to the first estimate released by the Central Statistical Office (KSH) on Tuesday, Hungary’s gross domestic product (GDP) increased by 1.1 percent in the fourth quarter of last year compared to the previous quarter and decreased by 3.7 percent compared to the same period of the previous year. (MTI)
Related news
Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >A new approach to corporate management is taking over: this is how you can prepare your company for the AI era
The corporate sector is barely past the agile transition, the…
Read more >There was a county where the number of advertised jobs increased by a fifth, while elsewhere the number of advertised jobs decreased by the same amount – Profession.hu quarterly report
With the exception of two counties, the number of applications…
Read more >
More related news >
Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >