In its December inflation report, released Thursday, the MNB said this yearʼs inflation rate would fall to minus 0.2%, while next yearʼs would reach 0.9%, and it forecast GDP growth of 2.3% next year – lower than the governmentʼs projection of 2.5% – after 3.3% this year.
Hungaryʼs gross domestic product growth will slow in the coming two years but will still exceed 2%, Ernst & Young said in its quarterly forecast. The house expects Hungaryʼs GDP to rise by 3.2% this year, but it could slow to 2.3% next year and re-accelerate to 2.5% in 2016. This trend may be altered or even broken by a possible escalation of the Russian crisis,” Ernst & Young said.
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