Hungary's Q2 GDP Growth Revised Down to 2.0 percent

The Central Statistics Office (KSH) revised Hungary's Q2 year-on-year GDP growth down from the preliminary figure to 2.0 percent in a second reading published on September 5th 2008.


Second-quarter GDP rose by a seasonally- and calendar-adjusted 0.6 percent from the first quarter of 2008, unchanged from the first reading. Quarter-on-quarter growth was unchanged from the first quarter, stabilizing after moving between naught and 0.3 percent in 2007.

First-half GDP rose 1.9 percent according to unadjusted figures, and 1.5 percent according to calendar year-adjusted figures.

News Monitoring