The rate of the third quarter GDP growth has surprised the analysts
According to the flash estimate of the KSH Hungary’s gross domestic product (GDP) grew by 3.2 percent in the third quarter compared to the same period last year. The result surpassed the expectations of the analysts.
According to the seasonally and calendar-adjusted data, the annual GDP growth was 3.1 percent, while compared to the previous quarter economic growth was 0.5 percent, following the previous 0.8 and 0.9 percent.
According to the Central Statistical Office (KSH) the increase was primarily due to the growth in the performance of the industrial and agricultural sectors. (MTI)
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >