{
  "title": "Hungary: Staff Report for the 2003 Article IV Consultation",
  "publication": "IMF Staff Country Reports, May 9, 2003",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/hungary-staff-report-for-the-2003-article-iv-consultation-16537",
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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.",
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      "heading": "Executive summary — major findings",
      "content": "- Developments in growth and inflation were broadly positive in 2002.\n- 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.\n- Headline inflation declined from its recent peak of 10.8 percent in May of 2001 to 4.8 percent at end-2002.\n- The external current account deficit widened in 2002.\n- Foreign direct investment fell off sharply in 2002."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: External debt, Fiscal consolidation, Inflation, Labor, Prices, Public debt, Wage adjustments, Wages\n- Keywords: CR, current account, data revision, deficit, export volume growth, GDP, government, headline CPI inflation, import growth, Inflation, ISCR, private sector employment, Wage adjustments, Wages\n\n---\n\n Content in this bundle\n\n- cr03124\n  - cr03124 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr03124 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 9, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451817874.002",
    "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.",
    "Foreign direct investment fell off sharply in 2002.",
    "Subject: External debt, Fiscal consolidation, Inflation, Labor, Prices, Public debt, Wage adjustments, Wages",
    "Keywords: CR, current account, data revision, deficit, export volume growth, GDP, government, headline CPI inflation, import growth, Inflation, ISCR, private sector employment, Wage adjustments, Wages",
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