Kopint-Tárki lowers 2021 GDP forecast to 6.1%
Photo by Feng Yu / Shutterstock.com
Economic research institute Kopint-Tárki has lowered its forecast for 2021 GDP growth to 6.1% from 6.8% in a projection released in the fall, chief executive Éva Palócz said on Wednesday, according to a report by state news wire MTI.
Finance Minister Mihály Varga said last week that this year's GDP growth could reach 6-6.5%.
Kopint-Tárki puts average annual inflation at 5.5% this year, higher than the 5.1% forecast by the National Bank of Hungary (MNB).
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.