Kopint-Tárki lowers 2021 GDP forecast to 6.1%

Analysis

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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).

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