Financial News: Hungary Economy Expands As Estimated In Q2

Hungary Economy Expands As Estimated In Q2

09/02/2025 - 04:18:00 (RTTNews)

(RTTNews) - Hungary's economy expanded marginally as initially estimated in the second quarter, the latest data from the Hungarian Central Statistical Office showed on Tuesday.

On an unadjusted basis, gross domestic product rose 0.1 percent in the first quarter from last year, after stagnation in the first quarter. That was in line with the flash data published on July 30.

The expenditure breakdown showed that household final consumption expenditure rose 5.0 percent from last year, and government consumption was 9.8 percent higher.

On the other side, gross fixed capital formation fell sharply by 7.0 percent due to weaker investments in construction, machinery, and equipment. The volume of exports dropped 0.9 percent, while imports rose by 4.0 percent.

On an adjusted basis, GDP rose 0.2 percent in the second quarter versus a 0.4 percent decline in the previous quarter, confirming the earlier estimate.

Compared to the previous quarter, the Hungarian economy recovered 0.4 percent after a 0.1 percent contraction in the March quarter, as estimated.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Construction Spending Unexpectedly Edges Lower In July (04 min(s), 49 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Tuesday showed construction spending i ...Full Story»

U.S. Manufacturing Index Inches Up In Line With Estimates In August (18 min(s), 49 sec(s) ago)
(RTTNews) - The Institute for Supply Management released a report on Tuesday showing a slight incr ...Full Story»

Croatian Inflation Remains Stable At 4.1% (03 hr(s), 53 min(s), 49 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation held steady in August after accelerating in the ...Full Story»

Spain Unemployment Rises In August (04 hr(s), 05 min(s), 49 sec(s) ago)
(RTTNews) - Spain's unemployment increased more than expected in August but the overall level ...Full Story»

Eurozone Inflation Rises Slightly To 2.1% (04 hr(s), 33 min(s), 49 sec(s) ago)
(RTTNews) - Eurozone inflation rose marginally in August but the rate remained near the European C ...Full Story»

Italy Producer Prices Rise 0.5% (04 hr(s), 46 min(s), 49 sec(s) ago)
(RTTNews) - Italy's producer prices increased for the second straight month in July, data from ...Full Story»

Romania Producer Prices Rise 2.7% (05 hr(s), 02 min(s), 49 sec(s) ago)
(RTTNews) - Romania's producer prices increased at the fastest pace in more than two years in ...Full Story»

Austria Inflation Rises To 17-month High (05 hr(s), 45 min(s), 49 sec(s) ago)
(RTTNews) - Austria's consumer price inflation increased in August to the highest level in nea ...Full Story»