Analysts: over four percent growth is expected in 2018

This year, gross domestic product (GDP) in Hungary could increase by 4.2 – 4.6 percent, analysts said after analyzing the second estimate of the Central Statistical Office’s data.

Central Statistical Office announced a 4.8 percent second quarter GDP data, compared to the same period of the previous year, which is 0.2 percentage points higher than previously expected.

Virovácz Péter, chief economist at ING Bank, pointed out that the second quarter data shows such dynamics has not seen since 2004. (MTI)