Investing.com -- Hungary’s economy expanded by 0.8% in the first quarter, marking the strongest quarterly growth rate since the third quarter of 2003, according to an advanced estimate released by the statistics office.
The figure exceeded analyst expectations, which had projected growth of 0.6%. In year-on-year terms, the economy grew by 1.7%, the fastest pace since 2024.
While the statistics office did not provide a full breakdown of the data, its press release highlighted strong growth in some services sectors. The industrial sector also showed growth following an extended period of weakness.
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