News in English Hungary reports on GDP growth in spite of overall slowdown in Europe

Hungary reports on GDP growth in spite of overall slowdown in Europe

Gergő Panker | 2016.02.13 01:03

Hungary reports on GDP growth in spite of overall slowdown in Europe

Hungary´s domestic GDP growth in Q4 2015 surpassed expectations, exceeding the EU28 average.

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Hungary's GDP in Q4 2015 grew by 1 percent to 3.2 percent compared to the third quarter.

According to national economy minister Mihály Varga, the surprising results came owing to the high output of domestic industrial production.

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