Optimistic forecasts on this year's GDP
While the government and central bank forecast predicts a 0.2 percent decrease in GDP for this year, the economic research institute expects at least stagnation, or a 0.8 percent growth in their latest reports.
The Ecostat and the GKI Economic Research forecasts that the Hungarian economy is expected to stagnate in 2010, Pénzügykutató expects a 0.5 percent, Kopint-Tárki expects a 0.8 percent growth in the Hungarian Gross Domestic Product for this year after last year’s a 6.3 percent decline – reports MTI Eco.
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