The Hungarian economy put up a great performance in the last quarter of 2017. According to the flash report of the Hungarian Central Statistical Office (KSH), unadjusted data show that in Q4 2017 the volume of Hungary’s GDP rose by 4.4 percent year-on-year, while data adjusted for seasonal and calendar effects show growth of 4.8 percent in the observed period. The pace of growth was higher than prior analyst expectations but it was in line with the figure formerly predicted by the Ministry for National Economy. The last occasion when a similar growth rate had been figured by the KSH was in Q4 2005, twelve years ago.

For more information please check the attached file on the right side of the page.

(Ministry for National Economy)