GKI raises 2019 GDP growth forecast to 3.5%

Deals

Economic research institute GKI has raised its projection for this yearʼs GDP growth to 3.5%, up from 3.4% in a forecast released in January, according to a report by state news agency MTI.

The projection is under the governmentʼs latest forecast for growth of 3.9%.

GKI expects European Union transfers to continue to grow this year, but puts investment growth at only around 7%, albeit up from its previous forecast of around 5%.

Last year, investment volume in Hungary was up 17%.

Gov't Extends Retail Rate Freeze Till Year-end Banking

Gov't Extends Retail Rate Freeze Till Year-end

EC to Propose Opening Excessive Deficit Procedure Against Hu... EU

EC to Propose Opening Excessive Deficit Procedure Against Hu...

German, Austrian Travelers Spend Most Money in Hungary Automotive

German, Austrian Travelers Spend Most Money in Hungary

Int'l Travelers to Europe Prioritize Safety, Quality This Su... Tourism

Int'l Travelers to Europe Prioritize Safety, Quality This Su...

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.