Kopint-Tárki knocks down 2022 GDP growth forecast to 4%

Analysis

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Economic research institute Kopint-Tárki lowered its forecast for this year's GDP growth to 4% in a projection released on Thursday from 5% in one published in December, state news wire MTI.

The institute sees domestic consumption climbing 4.3% and gross capital accumulation increasing 4%.

Kopint-Tárki raised its inflation forecast to 8.7% from 5.5% and noted upside risks. 

It projects Hungary's current-account deficit will swell to the equivalent of 5% of GDP.

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