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Hungary : Economic Snapshot - Q1 2013

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Hungary : Economic Snapshot - Q1 2013

2012 ended with a sharp q/q decline across all indicators except for public consumption and consumer spending, with the latter boosted by recent governmental stimulus measures. December was particularly disappointing while January pointed to a pick-up in capital formation thanks to recent investments in the car manufacturing sector. These temporary factors are expected to drive growth in Q1, which should be followed by a return to slowdown.

Source : Cushman & Wakefield

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