World Bank puts Hungary GDP growth at 5% in 2022

Analysis

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The World Bank forecasts Hungary's economy will expand 5% in 2022 in the latest issue of its biannual Global Economic Prospects report.

The World Bank raised the forecast from 4.7% in the previous issue released in June 2021.

The fresh forecast is under the latest 5.9% projection for 2022 GDP growth by the Finance Ministry.

The World Bank sees Hungary's GDP growth slowing to 4.3% in 2023.

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