Kopint-Tárki raises GDP growth forecasts

Food

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.

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.