Q2 GDP Points To Weak Recovery

October 2010
Emerging Europe Monitor: Central Europe & Baltic States;
The article reports on the economic growth of Hungary according to the latest data from the Hungarian Central Statistical Office which was released on August 13, 2010 that showed a growth of 1.0 percent year-on-year in the second quarter of 2010. It mentions forecasts for real gross domestic product (GDP) to expand by 1.1 percent in 2010, however, it highlights the risk for downside growth. It notes a view that the country's economic recovery will fail to gain momentum in 2010.


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