The Pénzügykutató Zrt. expects a GDP growth of 2.3 percent for 2016

According to the Pénzügykutató Zrt., due to a decrease in investments a further decline will occur in the growth rate of the gross domestic product (GDP). The growth rate is projected to be 2.3 percent this year, after last year's 2.9 percent – the company's recent forecast was released on Wednesday.

Smaller government deficit and debt, decreasing vulnerability due to foreign currency loans and stable surpluses in external position will allow Hungary to get out of the credit rating classification of the investment grade status. (MTI)