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Hungary Slips Into Technical Recession in Q3

2024. november 06.

bne InteliNews

Hungary's GDP contracted by 0.8% y/y (chart) in Q3 and by 0.7% when adjusted for seasonal and calendar effects, surpassing even the most bearish forecasts. On a quarter-on-quarter basis, GDP dropped by 0.7%, significantly more than the 0.2% decline anticipated by analysts.

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