Varga puts 2021 GDP growth at 6-6.5%
Image by Alexandros Michailidis / Shutterstock.com
Finance Minister Mihály Varga said Hungary's GDP is expected to grow 6-6.5% this year at a general meeting of construction industry association ÉVOSZ on Thursday, according to a report by state news wire MTI.
Early in November, the Finance Ministry lowered its projection for GDP growth this year to 6.8%.
Hungary's GDP growth slowed to 6.1% year-on-year in the third quarter. For the period Q1-Q3, GDP growth reached 7.1%.
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.