Hungary : Staff Report for the 2003 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

May 9, 2003

Electronic Access:

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Summary:

This 2003 Article IV Consultation for Hungary highlights that developments in growth and inflation were broadly positive in 2002. Buoyed by domestic demand, real GDP growth increased to 3.5 percent (year-over-year) in the second half of 2002 from 3.0 percent in the first half. Headline inflation declined from its recent peak of 10.8 percent in May of 2001 to 4.8 percent at end-2002. The external current account deficit widened in 2002, although foreign direct investment fell off sharply.

Series:

Country Report No. 03/124

Subject:

English

Publication Date:

May 9, 2003

ISBN/ISSN:

9781451817874/1934-7685

Stock No:

1HUNEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

50

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