EY: GDP growth to slow down in 2015
EY (formerly Ernst and Young) expects the Hungarian GDP to grow 3.2% this year and continue to grow in the coming years, albeit at a more moderate pace, atv.hu reported on Thursday.
Growing consumer confidence, consumption and positive employment trends were key drivers of the economy in 2014 according to the audit firm. Lower external demand and government expenditure may slow the economy to 2.5% in 2015 and 2.3% in 2016, according to the report.
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