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Hungary's GDP up preliminary 3.6% yr/yr in Q3

MNB

Hungary's economy expanded 3.6% year on year in volume terms in the 3Q of 2006, according to unadjusted figures, the Central Statistics Office (KSH) announced in a first estimate on Tuesday.

Third-quarter GDP growth was a calendar year-adjusted 3.7%. Compared to Q2 2006, GDP growth was a seasonally-adjusted 1.0%. In Q1-Q3 GDP growth was 4.1% according to both, adjusted and unadjusted figures GDP growth was 4.9% in Q1 and 3.8% in Q2 2006, 4.8% in Q4 2005, 4.3% in Q3 and and 4.6% in Q2 2005. GDP growth was 4.2% for all of 2005. Calendar year-adjusted GDP growth was 4.7% in Q1 and 4.0% in Q2 2006, 4.5% in Q2 2005 and 4.2% in Q3 2005, and 4.4% during the whole of 2005. (Mti-Eco)

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