Trademagazin > News and articles > Market News > KSH: Economy fell 4.6 percent on an annual basis in the third quarter
KSH: Economy fell 4.6 percent on an annual basis in the third quarter
The volume of gross domestic product decreased by 4.6 percent in the third quarter, compared to the same period of last year.
According to seasonally and calendar-adjusted data, the performance of the economy was 11.4 percent higher than in the previous quarter and by 4.6 percent lower than in the same period of the previous year -the Central Statistical Office (CSO) confirmed in its second estimate on Tuesday. (MTI)
Related news
Measures taken regarding foot-and-mouth disease are effective
Hungarian disease control measures against the foot-and-mouth disease virus are…
Read more >KSH: industrial production decreased by 3.9 percent in January
In January 2025, the volume of industrial production fell by…
Read more >Could the foot-and-mouth disease epidemic further worsen store prices?
After fifty years, foot-and-mouth disease has reappeared in Hungary, which…
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 >