Business & Finance

Hungary Aug output up 4.4pc y/y, falls m/m

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The unadjusted August figure was well above analysts' median forecast for a 0.9 percent rise in a Reuters poll . A KSH statistician said the main reason behind the rise was more working days than in August last year.

The government expects the economy to grow by less than 2 percent this year, below its earlier forecast.

Copyright Reuters, 2011