The Hungarian GDP grew faster in Q3 than it had been previously expected.
Final statistics show that GDP grew faster in July-September, at a rate of 2.2 percent. Officials expect and even bigger economic boost in 2017 thanks to the wage agreement.
In the first three quarters of the year, GDP was up by altogether 2.1 percent. The main growth factors: were a good performance of the agricultural sector, net wage growth of 7.6 percent, favourable employment trends and a record-low unemployment rate, as well as subdued inflation.
