Hungary is an export-driven economy where trade surpluses are the norm.Continue reading
Finance Minister Mihály Varga said Hungary’s GDP is expected to grow by 6-6.5 percent this year at a general meeting of construction industry association ÉVOSZ on Thursday.
Early in November, the finance ministry lowered its projection for GDP growth this year to 6.8 percent.
Hungary’s GDP growth slowed to an annual 6.1 percent in the third quarter. For the period Q1-Q3, GDP growth came to 7.1 percent.
Featured photo illustration by Zoltán Máthé/MTI