1.3 percent of GDP surplus in Hungary


(MENAFN)

The European Union's accrual-based accounting rules calculated a 1.3 percent of GDP surplus in Hungary's public finances in the first half of the current year.

The Hungarian Central Statistical Office has released the figures on last Wednesday.

The surplus of the first half year went up to 970 million U.S. dollars, it compares to a USD0.77 billion deficit, equivalent to 1.1 percent of GDP, in the same period of 2018.

Hungary had the third highest growth rate in the EU, with 5.1 percent GDP growth in Q2 of 2019, according to the latest figures.

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