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KSH REVISES UP Q4 GDP GROWTH TO 5.1%

 

Hungary’s fourth-quarter GDP rose by an annual 5.1%, the Central Statistical Office (KSH) said in a second reading of data. KSH raised the figure from 5.0% in a first reading released on February 14, mainly on the better than expected performance of market-based services. KSH also revised upward the growth rates for Q3 and Q1, to 5.1% and 4.6%, respectively. The rate was 4.9% in Q2. The revisions lifted full-year growth to 4.9%.