Economics
Hungary Keeps Economic Growth Momentum as Car Output Fuels Gains
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Hungary’s economy maintained its growth momentum in the first quarter as an increase in car production helped defy forecasts for a slowdown.
Gross domestic product grew 3.4 percent from a year earlier, the Budapest-based statistics office reported Wednesday, citing preliminary data. That matched the growth rate in the fourth quarter and topped the 3.3 percent median estimate of 14 economists in a Bloomberg survey.