articleimg-1
Nov 14, 2019

Hungary’s GDP rose by an annual 5 percent in Q3

In a first reading of data announced on Thursday, KSH noted that growth accelerated from 4.9 percent in Q2.

The Central Statistical Office (KSH) has revealed that Hungary’s GDP rose by an annual 5.0 percent in the third quarter of 2019.

In a first reading of data announced on Thursday, KSH noted that growth accelerated from 4.9 percent in Q2.

What'e more, the industrial and construction sectors as well as market-based services contributed the most to growth in Q3.

Adjusted for seasonal and calendar year effects, Q3 GDP growth stands at 4.8 percent.