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Kopint-Tárki keeps GDP growth forecast at 3%, in line with govt target

Kopint-Tárki puts Hungary's GDP growth at 3.0% in 2011, in line with the government's projection, the economic research institute said in a fresh forecast published on Wednesday.

Kopint-Tárki's projection for GDP growth is unchanged from the previous one announced in December.

The research institute noted several downside risks to the projection, among them questions about the details of the government's structural reform program.

Kopint-Tárki puts average annual inflation at 3.9% for the year. It sees the unemployment rate reaching 11%. Net wages are expected to rise 1.3% and private consumption to climb 1.8%.

Exports are set to rise 9% and imports to climb 8.1%. Hungary's state debt as a percentage of GDP is seen falling from around 80% to 75%.