Takarékbank has raised its GDP growth forecast for this year to 8 percent

By: Trademagazin editor Date: 2021. 10. 05. 11:45

Due to better-than-expected second-quarter GDP data, Takarékbank has raised its growth forecast from 7.7 percent to 8.0 percent this year and left it at 7.0 percent next year, the financial institution belonging to Magyar Bankholding said at a press conference on Tuesday.

Savings bank analysts expect eight percent growth from Hungarian economy this year

Takarékbank’s analysts forecast an average inflation of 4.7 percent this year and 3.5 percent next year, according to the financial institution’s summary. (MTI)