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Hungary: Recession Deepens
The gross domestic product of Hungary decreased by 1.5% in the third quarter of 2012 compared to the corresponding period of the previous year.
Hungary: Recession Deepens / Picture: © Vindobona.org
The performance of information and communication, accommodation and food service activities, and construction increased. The decrease was significantly influenced by the fall of agricultural performance. In the first three quarters of 2012 the production of the Hungarian economy decreased by 1.3% compared to the same period of the previous year.
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