The IMF has improved its forecast growth for the Hungarian economy
The IMF has raised its annual growth forecast for Hungary this year by 0.3 percentage points to 3.2 percent in its autumn regional economic forecast from the 2.9 percent forecasted in the April report.
Next year’s growth forecast was increased from 3.0 percent to 3.4 percent, the 2019 growth was increased from 2.6 percent to 2.8 percent.
According to the IMF, the domestic demand will increase by 1.4 percent this year, 3.5 percent next year, and by 2.7 percent in 2019 in Hungary. In the spring prognosis, the IMF forecasted a 3.1 percent growth for this year, 3.0 percent for 2018 and 2.2 percent for 2019. (MTI)
Related news
The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Mihály Varga: the Hungarian economy is back on the growth track
The Hungarian economy returned to the growth path in the…
Read more >K&H: Is the digital glass ceiling coming?
With regard to artificial intelligence, we talk a lot about…
Read more >Related news
MPL – We don’t mind that it’s available, but we don’t necessarily choose it
As of March 28, 2024, online stores are obliged to…
Read more >The Hungarian beer market focuses on alcohol-free beers and the premium category
The Hungarian beer market is witnessing significant shifts, with non-alcoholic…
Read more >In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >