Analysts say that agriculture has a key importance in terms of growth

According to Buda-Cash and Raiffeisen analysts, this year's economic growth hihly depends on the performance of agriculture.

The analysts believe that to reach long-term growth track an investment revolution would be required. The Ministry of National Economy (NGM) highlights: in the first quarter, Hungary had the third highest economic growth in the EU, behind Latvia and Lithuania compared to the previous quarter.

According to detailed datas of the Central Statistics Office (KSH) published on Thursday, in the first quarter the gross domestic product (GDP) rose by 0.7 percent, compared to the previous quarter and declined by 0.9 percent, compared to the same period of the last year. (MTI)