Kopint-Tárki raises economic growth forecast up to 4.5%

Analysis

Photo by Feng Yu / Shutterstock.com

Economic research institute Kopint-Tárki said it raised its forecast for Hungary's economic growth in 2021 to 4.5% from its earlier projection of 3.5%, issued in December, according to gazdasagportal.hu.

CEO Éva Palócz said the 2021 economic growth will partly result from a base effect, with a rebound of around 10% expected in the second quarter.

In 2022, Kopint-Tárki forecasts GDP growth of 4.5%. The institute expects CPI to accelerate to 3.7% this year from 3.3% in 2020.

ADVERTISEMENT

Gloster H1 Revenue Climbs 24% Figures

Gloster H1 Revenue Climbs 24%

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate' Int’l Relations

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'

AutoWallis Green Investment Project Value Reaches HUF 3 bln Automotive

AutoWallis Green Investment Project Value Reaches HUF 3 bln

Budapest Muni Council Clears Rác Baths Renovation Tourism

Budapest Muni Council Clears Rác Baths Renovation

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.