Hungary: GDP Fell by 2.7%

BusinessEconomy ♦ Published: March 8, 2013; 18:17 ♦ (Vindobona)

The gross domestic product of Hungary decreased by 2.7% in the fourth quarter of 2012 compared to the corresponding period of the previous year.

Hungary: GDP Fell by 2.7% / Picture: © Vindobona.org

The performance of information and communication, accommodation and food service activities increased. The decrease was significantly influenced by the fall of agricultural and industrial performance. In 2012, performance of the Hungarian economy decreased by 1.7%. In 2012, the value of GDP at current prices was 28.276 billion HUF and GDP per capita was 2 million 844…