GKI raises 2021 GDP growth forecast to 7%
Economic research institute GKI raised its projection for this year's GDP growth to 7% in a forecast released on Wednesday from 4.3% in one published in March, according to a report by state news wire MTI.
GKI projects domestic consumption will grow 5.7% as household consumption increases 3.5% and investment growth reaches 6%.
It puts the general government deficit at 7.5% of GDP.
It sees inflation rising to 4.2%.
GKI forecasts Hungary's net financing requirement will reach EUR 0.5 billion or 0.3% of GDP.
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