Raiffeisen cuts 2022 GDP growth forecast to 2.5%

Analysis

Raiffeisen Bank's analysts lowered their forecast for this year's GDP growth to 2.5% in a projection released on Thursday from 4.5% in one published in January, according to a report by state news wire MTI.

Raiffeisen analysts predict economic growth of 2% for next year, Zoltán Török said.

The bank puts annual inflation at around 10% this year and 6% in 2023, the analyst said.

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