Hungary's public finances show 1.3 pct GDP surplus in first half year
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E-mail Xinhua, October 3, 2019
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BUDAPEST, Oct. 2 (Xinhua) -- Hungary's public finances had a first-half year surplus equivalent to 1.3 percent of GDP, calculated according to the European Union's accrual-based accounting rules.
The latest figures were released Wednesday by the Hungarian Central Statistical Office.
In absolute terms, the first-half-year surplus reached 295 billion forints (970 million U.S. dollars). It compares to a 235 billion-forint deficit, equivalent to 1.1 percent of GDP, in the same period of 2018.
According to the latest figures, Hungary had the third highest growth rate in the EU, with 5.1 percent GDP growth in the second quarter of 2019. (1 U.S. dollar = 304.91 Hungarian forints) Enditem
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