Kopint-Datorg projects GDP growth of 2.8% in 2007

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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)

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