THe analysts of Savings Bank raised their GDP growth forecast to 4.9 percent this year

By: Trademagazin editor Date: 2019. 10. 11. 11:40

Analysts at the Savings Bank raised their GDP growth forecast from 4.7 percent to 4.9 percent -was said at the press conference of the bank in Budapest.

Suppan Gergely, senior analyst at the Savings Bank, justified the improvement with a combination of buoyant economic growth in the first half of the year, the exceptionally dynamic performance of certain sectors in July, continued strong wage outflows, a family protection and economic action plan and strong FDI inflows. (MTI)

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