Kopint-Datorg projects GDP growth of 2.8% in 2007

Deals

Kopint-Datorg expects Hungary's economy to expand 2.8% in 2007 and consumer prices to rise 6.4%, the economic think tank said on Wednesday.

Kopint-Datorg says investments will increase 1% in 2007 and personal consumption will decline 0.7%. It projects a current account deficit of €4.5 billion, equivalent to 4.6% of GDP. It projects a foreign trade deficit of Ft 1 billion. Kopint-Datorg now expects the forint to trade at an average 255 to the euro in 2007, firmer than the 266 exchange rate they projected in October. (Mti-Eco)

ADVERTISEMENT

Companies Borrow HUF 256 bln in October Banking

Companies Borrow HUF 256 bln in October

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Mahart Container Center Depot Opening at Budapest Airport Transport

Mahart Container Center Depot Opening at Budapest Airport

Countries Exchange Experiences for Better Production of Catt... Conferences

Countries Exchange Experiences for Better Production of Catt...

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.