Trademagazin > News and articles > Market News > KSH: The Hungarian economy grew by more than seven percent in the last quarter of last year
KSH: The Hungarian economy grew by more than seven percent in the last quarter of last year
In the fourth quarter of last year, the volume of gross domestic product increased by 7.1 percent, compared to the same period of the previous year.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2021/02/bolt_shopping-bolt_1165618_1280.jpg)
Household consumption has increased by more than seven percent
Services contributed by 4.6 percentage points to growth in the fourth quarter, construction by 1.2 percentage points and industry by 0.4 percentage points, the Central Statistical Office (KSH) reported on Wednesday, according to its second estimate. (MTI)
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