Hungary GDP Growth Slows More Than Forecast in 2Q on Agriculture
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Hungary’s economy grew less than forecast by analysts as a drop in agricultural output pushed the pace of expansion below 3 percent for the first time in seven quarters.
Gross domestic product grew 2.7 percent in the second quarter from a year earlier after a 3.5 percent gain in the previous three months, the statistics office in Budapest said on Friday, citing preliminary data. The median of 11 estimates in a Bloomberg survey was 3.2 percent. GDP grew 0.5 percent from the first quarter.