Hungary’s Economy Minister Nagy: Third quarter GDP expected to be 1.5% lower than market expectations
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Reuters
Hungary’s Economy Minister Nagy: Third quarter GDP expected to be 1.5% lower than market expectations
October 17, 2024, 7:15 a.m. GMT
Hungary’s GDP growth rate will approach zero in the third quarter, economy minister says
BUDAPEST (Reuters) – Hungarian economy minister Marton Nagy said on Thursday that Hungarian gross domestic product (GDP) growth in the third quarter was expected to be significantly lower than market expectations and “very close to zero”. Ta.
He added that while inflation is no longer an issue, the central bank appears to be “stuck” in inflation concerns.
Report by Gergely Szaccs
Written by Anna Wrodarczak Semchuk
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