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Penzügykutató puts GDP growth at 3.1% in 2014

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Economic researcher Penzügy-kutató projects Hungary's GDP growth will reach 3.1% this year – in line with the government forecast – then slow to 2.3% in 2015.

Penzügykutató advisor Éva Várhegyi said economic growth was supported by favorable external and domestic tendencies this year, particularly investments and consumption.

She attributed a large part of this year's growth to one-off factors and said the pace would slow in 2015. Penzügykutató puts average annual inflation at 0.1% this year and 2.4% next year.

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