Hungary

Simona Moagar Poladian

Conjunctura economiei mondiale / World Economic Studies, 2013

Abstract: The Hungarian economy registered two years of a modest consecutive years of economic growth after the deep 2009 recession. But Hungarian economy entered again in recession on an international and European basis in 2012. The slowdown was the consequences of three negative factors: the prolonged drought that diminished drastically the agricultural 2012 production, the reducing of internal demand due to diminishing the disposable incomes and a modest rate of exports. European Commission and OECD consider an economic relaunching for 2014 but at a modest rate.

Keywords: GDP; Consumption; Inflation rate; investment; exports (search for similar items in EconPapers)
JEL-codes: E21 E22 E31 O11 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2013:id:2822000009584003

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