Trademagazin > News and articles > Market News > KSH: the performance of the economy increased by 1.9 percent compared to the previous quarter
KSH: the performance of the economy increased by 1.9 percent compared to the previous quarter
Compared to the previous quarter, Hungary’s gross domestic product (GDP) fell by 2.3 percent according to the raw data and by 2.0 percent calendar effect adjusted in the first quarter of this year – the Central Statistical Office (KSH) announced.
Industry, finance, insurance, and the information and communication sector contributed the most to the 1.9 percent increase compared to the previous quarter, the KSH said in its first estimate.
Analysts expected a 0.3 percent decline from the previous quarter and a 3.7 percent decline from a year earlier. (MTI)
Related news
KSH: industrial production decreased by 3.9 percent in January
In January 2025, the volume of industrial production fell by…
Read more >The price of imported salads has increased
According to KSH data, Hungary’s head lettuce imports decreased by…
Read more >KSH: in February consumer prices exceeded those of a year earlier by an average of 5.6 percent
In February 2025, consumer prices were 5.6 percent higher than…
Read more >
More related news >
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >