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Hungary GDP growth accelerates to 5 percent in Q3

Christian Fernsby ▼ | November 14, 2019
Hungary’s GDP rose by an annual 5.0 percent in the third quarter, the Central Statistical Office (KSH) said in a first reading of data on Thursday.
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Growth accelerated from 4.9 percent in Q2.

Topics: Hungary

KSH said 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 was 4.8 percent.