Hungary: Staff Report for the 2002 Article IV Consultation
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2002 Article IV Consultation highlights that although economic growth of Hungary slowed in 2001, the economy showed considerable resilience to the weaker external environment. GDP growth was a still respectable 3.8 percent, down from 5.2 percent in 2000 but higher than most other countries in the region. Although export growth decelerated as the year progressed, it nevertheless outpaced growth in Hungary’s export markets. Domestic demand was partly supported by buoyant private consumption on the back of strong real wage gains. Meanwhile, the unemployment rate edged down to 5.6 percent by the start of 2002.
Series:
Country Report No. 2002/111
Subject:
Expenditure Government debt management Inflation Inflation targeting Monetary policy National accounts Prices Public financial management (PFM)
English
Publication Date:
June 5, 2002
ISBN/ISSN:
9781451817942/1934-7685
Stock No:
1HUNEA0032002
Pages:
43
Please address any questions about this title to publications@imf.org