The European Commission expects a 4 percent growth in Hungary for 2018 and 3.2 percent for 2019
The European Commission improved its prognosis for the growth in Hungarian gross domestic product (GDP), which is expected to grow by 4 percent in 2018 and by 3.2 percent in 2019, compared to previously expected 3.7 and 3.1 percent.
The Brussels body published its preliminary summer economic forecast on Thursday, recalling that GDP grew by 4 percent last year, while growth was 2.2 in 2016 and 3.4 percent in 2015.
As noted, GDP growth in the first quarter of 2018 was 1.2 percent compared to the previous quarter. (MTI, Bajnok Artúr)
Related news
The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council…
Read more >Croatia has the cleanest natural bathing waters in Europe
According to this year’s investigation by the European Commission (EC)…
Read more >The EU authorizes the use of genetically modified corn as food and feed
The European Commission has authorized the use of two varieties…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >