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Hungary's Q2 GDP +4.9 pct y/y, off 15-yr high set in Q1 -stats


Reuters


BUDAPEST, Aug 14 (Reuters) - Hungary's economic growth slowed to an annual 4.9 percent in the second quarter, still exceeding analyst forecasts, from a 15-year high of 5.3 percent in the first quarter, preliminary unadjusted data showed on Wednesday.

Analysts in a Reuters poll had forecast a 4.6 percent annual increase in economic output.

Growth was broad-based and driven primarily by market services, construction and industry output.

Agriculture output, especially the maize crop yield, is uncertain, so third-quarter trends are hard to assess, the KSH added.

GDP CHANGE

Q2 2019

Q1 2019

Q2 2018

Unadjusted y/y

4.9

5.3

4.9

Calendar-adjusted y/y

5.1

5.3

4.7

Seasonally and calendar-adjusted q/q

1.1

1.4

1.2






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