GKI raises 2021 GDP growth forecast to 4.3%

Analysis

Economic research institute GKI raised its projection for this year's GDP growth to 4.3% in a forecast released on Wednesday from 3.7% in one published in December, according to a report by state news wire MTI.

GKI projects domestic consumption will grow 5% as household consumption increases 3.5% and investment growth reaches 6%. 

It puts the general government deficit at 6.5% of GDP.

It sees inflation rising to 3.9%.

GKI forecasts Hungary's net financing capacity will reach EUR 2.5 billion or 1.7% of GDP.

 

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