0.5 percent GDP growth forecasts for 2010

According to the latest foorecast of the Pénzügykutató; 0.5 percent increase in gross domestic product (GDP) can be expected and a 4.2 percent inflation rate.

The projection assumes with nearly 3.0 percent decline in household consumption in 2010, real wagescan increase by 2.6 percent and investments will expand by 1.5 percent. The base rate will decrease by 4.75 percent from the current 5.5 percent, Euro exchange rate in December may be to 274 HUF – reports MTI Eco.