53% of finance executives expect 1.5% GDP growth this year
About 53% of local company finance executives expect Hungary's economy will grow by no more than 1.5% this year, according to a survey conducted in the region by consultancy Deloitte, hrportal.hu reports.
The rate is well under the 60% average for financial sector executives from the region who expect only modest growth in their own countries in 2021.
About 17% of financial sector executives in Hungary augur GDP growth of 1.6%-2.5% this year, and 30% put growth at more than 2.5%.
Close to 600 executives in 17 countries in Central Europe responded to the survey.
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.