Hungary's economy HUGDPP=ECI shrank by an annual 2.4% in the second quarter
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BUDAPEST: Hungary's worse-than-expected second-quarter GDP data show the bottom of the economic downturn this year and performance will improve in the second half of the year, Minister for Economic Development Marton Nagy said on Wednesday.
Hungary's economy HUGDPP=ECI shrank by an annual 2.4% in the second quarter based on preliminary unadjusted data, below analyst forecasts for an 1.2% contraction, the Central Statistics Office (KSH) said. (Reporting by Krisztina Than)
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