London analysts expect stronger-than-expected Hungarian growth this year due to improved GDP performance at the end of last year

By: Trademagazin editor Date: 2021. 03. 04. 11:30

According to macroeconomic analysts in London, the upward adjustment of Hungary’s gross domestic product (GDP) in the fourth quarter of last year makes it probable that the Hungarian economy may grow faster than expected so far this year as a whole.

According to the second estimate released by the Central Statistical Office (KSH) on Tuesday, GDP rose 1.4 percent quarter on quarter in the fourth quarter of 2020, 0.3 percentage points faster than in the first estimate. (MTI)