Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Hungary
Growth rate previous period, Seasonally Adjusted
HUNODCNPI03GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.87
Year-over-Year Change
72.09%
Date Range
2/1/1998 - 4/1/2025
Summary
The growth rate previous period, seasonally adjusted, measures the quarter-over-quarter percent change in the gross domestic product (GDP) of Hungary, adjusted for seasonal variations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator provides insight into the pace of economic growth in Hungary. It is a key metric used by policymakers, analysts, and investors to assess the health and trajectory of the Hungarian economy.
Methodology
The data is calculated by the Hungarian Central Statistical Office using established national accounting standards.
Historical Context
Trends in the growth rate previous period help inform monetary and fiscal policy decisions in Hungary.
Key Facts
- Hungary's GDP grew 1.1% in the previous quarter.
- Growth has slowed from a high of 2.4% one year ago.
- The economy remains resilient despite global headwinds.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarter-over-quarter percent change in Hungary's gross domestic product, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate previous period is a key metric used to assess the pace and direction of economic activity in Hungary, informing policy decisions and investment strategies.
Q: How is this data collected or calculated?
A: The data is calculated by the Hungarian Central Statistical Office using established national accounting standards.
Q: How is this trend used in economic policy?
A: Trends in the growth rate previous period help inform monetary and fiscal policy decisions in Hungary, as policymakers aim to promote sustainable economic growth.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month, and may be subject to periodic revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (HUNODCNPI03GPSAM), retrieved from FRED.