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Budapest Skyline, Central Europe, Eastern Europe, Energy Market, Hungary, Military
2023 in Hungarian Economics: a difficult year? Outlooks in Energy and Military spending Short Analysis

2023 in Hungarian Economics: a difficult year? Outlooks in Energy and Military spending

Comparing the second quarter of 2022 with the previous quarter – according to the European Commission - , Hungary's gross domestic product increased by 1.1%. However, consumer confidence indices have deteriorated and monthly data point to a decline in consumption, housing transactions, construction activity and loans. Higher inflation and energy…
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