Takarékbank revised its growth forecast for last year and this year downwards

Takarékbank and Magyar Bankholding expect lower economic growth and higher inflation than previously forecast

Analysts at the financial institution say inflation could rise to 5.5 percent this year from 5.1 percent last year.

The central bank base rate could rise to 4 percent in the first quarter and remain at that level until the end of the year; and the one-week deposit rate may rise to 4.75-5.00 percent, depending on inflation. (MTI)