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2021/05/31 / Erste Group Research

Detailed GDP data should reveal what was behind surprisingly solid economic growth in CEE in 1Q21. External demand and state investments were probably the key drivers in Hungary, where GDP stood at -2.3% y/y. Subdued domestic demand played a visible role in the 1Q21 Czech GDP, which fell by 2.1% y/y. Slovak economy marked a mild expansion of 0.3% y/y in early 2021, aided by net exports and industrial production.

General information

AuthorErste Group Research
Date2021/05/31
Languageen
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE, Hungary, Poland
Currency in focusHungarian Forint, Polish Zloty
Sector in focus-
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