Revised Q3 GDP data reflects increasingly robust domestic demand

HUNGARY - In Brief 05 Dec 2017 by Istvan Racz

Revised GDP data for Q3 came out at 0.9% qoq, 4.1% yoy on sda basis this morning. The quarterly number remained unchanged from the first estimate, but the yoy data jumped from a preliminary 3.8%, partly due to upward revisions affecting previous quarters. Growth accelerated from 3.7% yoy in Q2, and from 4.3% yoy in Q2 to 4.6% if agriculture, the most volatile sector, is excluded.There are significant revisions in this morning's data set, as reflected by the following table:GDP Growth by Major Supply and demand Components*/ sdab = seasonally and day-adjusted and balanced; F: own forecastSour...

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