Hungary Q3 GDP up 11.3 pc from previous quarter, down 4.6 pc yr/yr

Hungary's economy shrank by 4.6 percent in the third quarter, according unadjusted data, the Central Statistical Office (KSH) said on Friday. GDP fell by 4.7 percent in Q3 based on seasonally and calendar-adjusted data. The recovery from the economic effects of the epidemic started in the third quarter, with GDP up 11.3 percent from the second quarter, according to seasonally and calendar-adjusted data, with most sectors of the economy growing.