Agence France-PresseMay 15, 2013 06:30
Hungary's GDP rose by 0.7 percent in the first quarter of 2013, the national statistics office KSH said Wednesday, ending the country's second recession in four years that began early last year.
The increase, which exceeded analysts' forecasts, was due to growth in the construction and agricultural sectors, KSH said, and compares to a fall of 0.4 percent in the last quarter of 2012.
Year-on-year, however, first-quarter GDP was down by 0.9 percent, KSH said.
Final first-quarter GDP figures will be released on June 6, KSH added.
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