GDP up by 2.2%


The Hungarian economy grew by an annual 2.2% in the first quarter, the Central Statistical Office (KSH) said, based on its second reading of the data.

According to seasonally and calendar-adjusted data, GDP grew by 2% compared with the same quarter of the previous year and eased by 0.4% compared with the previous quarter.
The coronavirus epidemic had a negative effect on most sectors. Services and, to a lesser extent, industry continued to be the drivers of growth, the KSH said.



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