Kopint-Tárki raises GDP growth forecasts

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Economic research institute Kopint-Tárki is raising its forecasts for Hungaryʼs GDP growth to 4.8% for 2018, and to 4.1% for 2019, CEO Éva Palócz said on Thursday, state news agency MTI reported.

The forecasts for this year and the next were raised from 4.6% and 3.6%, respectively, in a projection released early in October. 

Kopint-Tárki lowered both its forecasts for average annual inflation  by one-tenth of a percentage point to 2.9% for 2018, and 3.4% for 2019. 

The unemployment rate is set to fall from 3.7% this year to 3.3% in 2019, it added.

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