KSH: the Hungarian economy expanded in the first quarter
According to raw data, Hungary’s gross domestic product (GDP) grew by 2.2 percent according to the raw data, while the seasonal and calendar-effect adjusted balanced data shows a 2.0 percent increase in the first quarter, compared to the same period of the previous year – the Central Statistical Office (KSH) reported on Friday.
The state of emergency caused by the coronavirus pandemic adversely affected production in most sectors of the economy, but services and industry continued to drive growth in the first quarter as a whole – the KSH added. (MTI)
Related news
Domestic nectarine and peach production has decreased by a third
According to Europêch’s forecast, in the four leading peach and…
Read more >
KSH: in July, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent, and those of June by 0.4 percent
In July, consumer prices were 4.3 percent higher on average…
Read more >
KSH: retail turnover in June exceeded the same period of the previous year by 3.0 percent and the previous month by 0.5 percent
In June 2025, the volume of retail sales increased by…
Read more >
More related news >
Related news
End of the century: drought drove up food prices in July
In July, annual inflation slowed to 4.3 percent, while on…
Read more >
Counterfeit food and beverages cause billions in damage in Hungary every year
In Hungary alone, food and drink counterfeiting causes nearly 16…
Read more >
New CFO and Supply Chain Director joins HEINEKEN Hungária team
New professionals have joined the management of HEINEKEN Hungária Zrt.…
Read more >
