The revamp of the home purchase subsidy system by the government could increase GDP by 0.3% a year in the medium term according to conservative estimates, while some say it could lift GDP by as much as 0.5%, said Török.
Inflation figures are rather weak: This year annual inflation could be around 1.5%.
Raiffeisen expects the National Bank of Hungary (MNB) to further lower its base rate to around 1% by the middle of the year.
For 2017-2018 analysts at the bank expect GDP growth to increase to around 3% annually.
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