Analysts: the GDP data is surprisingly positive

Analysts polled by MTI assessed teh fourth quarterly GDP data as surprisingly favorable. The analysts also drew attention to the fact that such a high last-quarterly GDP growth occured in 2006 the last time.

The Hungarian economy expanded by 3.5 percent in 2014, while in the last quarter, the Hungarian GDP increased by 3.4 percent, compared to the same period of the previous year – the Central Statistical Office (KSH) revealed in its first estimate about the fourth quarter. The estimate was published on Friday.