Mihály Varga: industry, retail and services also expanded

By: Trademagazin Date: 2022. 11. 15. 12:29

The Hungarian economy is resisting the harmful effects of the war and sanctions, as it grew by 4.1 percent in the third quarter and 6.1 percent in the first 9 months, above professional expectations, said Finance Minister Mihály Varga in a video message posted on his Facebook page on Tuesday.

There is ab expansion of the economy

Commenting on the latest data released by the Central Statistical Office, the finance minister drew attention to the fact that Hungary’s GDP data is one of the best among European Union countries.

The basis for growth is that the government has created one million new jobs since 2010; Hungarian unemployment remains one of the most favorable in the European Union.

MTI