The Kopint-Tárki expects a 2.9 percent growth for this year
The Kopint-Tárki modified its growth forecast for this year to 2.9 percent from the previously forecasted 3 percent. For next year, a slightly lower 2.4 percent of gross domestic product (GDP) increase is expected.
Ádám Zoltán, managing director of the Kopint-Tárki Zrt. emphasized that the industry will remain the driving force of growth in 2016. The service sector also contributes to the GDP growth. On the expenditure side, the consumption and net exports associated with the favorable industrial performance will also contribute significantly to the GDP growth – he added.
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