Following subdued growth in the year 2016, the latest data compiled by the Hungarian central Statistical Office (KSH) show that in Q1 2017 Hungary’s GDP grew by 4.2 percent year-on-year. This has been the second largest growth rate in the past eleven years. According to seasonally and calendar-effect-adjusted and reconciled data, economic output was up by 3.8 percent compared to the corresponding period of the previous year and by 1.3 percent quarter-on-quarter.
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(Nemzetgazdasági Minisztérium)