ADVERTISEMENT

MBH Stands by 2024 GDP Growth Forecast of 2.7%

Analysis

Analysts at MBH Bank, Hungary's second-biggest lender, are sticking to their forecast for GDP growth of 2.7% this year, chief analyst Zoltán Árokszállási said on Thursday, according to a report by state news wire MTI.

A pick-up in household consumption could be the main driver of the economic recovery this year, Árokszállási said. Next year, GDP growth could be above 4%, he added.

The government's official forecast for 2024 GDP growth is 2.5%.

MBH Bank analysts see average inflation falling to 3.8% this year and 3.5% in 2025.

MNB Issues Instructions to Prevent Online Personal Loan Frau... Banking

MNB Issues Instructions to Prevent Online Personal Loan Frau...

Hungary Solar Capacity Climbs Over 6,700 MW Government

Hungary Solar Capacity Climbs Over 6,700 MW

New Tenants at Academia Offices Office Market

New Tenants at Academia Offices

Visitor Numbers, Guest Nights Climb in H1 Tourism

Visitor Numbers, Guest Nights Climb in H1

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.