Kopint-Tárki 2012 GDP-growth projection remains unchanged at 0.3%


Economic-research company Kopint-Tárki's fresh economic report projects GDP growth of 0.3% in Hungary this year, unchanged from the figure in the company's report published in December, Kopint-Tárki announced on Thursday.

Kopint-Tárki's new report projects inflation of 5.5% in Hungary in 2012, up from 4.6% in the December report.

The company expects GDP growth of 1.5% in 2013.

The Government projects GDP growth of 0.5% and inflation of 4.2% this year.

Kopint Tárki expects Hungary's ESA government deficit to be 2.9% of GDP both this year and next year.

The company expects retail consumption to decline 1.2% in 2012 and public consumption to fall 2.0% and investments to fall 5.0% this year.

Kopint-Tárki projects a 6% rise in exports and a 4.3% rise in imports in 2012

The company expects the National Bank of Hungary's base rate to be 6% at end of this year, compared to the current rate of 7%.

Kopint Tárki projects an average forint-euro exchange rate of 290 this year, compared to 279 last year.


Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


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.