Hungary Q2 GDP Grew by 2.1%

Hungary's second-quarter gross domestic product (GDP) grew by an unadjusted 2.2% and a calendar-year adjusted 2.1% from the same period a year earlier, according to a first estimate by the Central Statistics Office (KSH) and its research arm Ecostat, published on August 16th 2008. KSH noted that the preliminary figures have a margin of error of +/- 0.2 percentage points.

The Q2 figure compares to analysts' estimate of 1.9%. In the first half year, GDP was up 1.6% from the same period in 2007.

News Monitoring