CIB Fund Management: Hungarian economic growth this year will be above 3 percent year on year

According to the CIB Fund Management, the Hungarian economic growth will be above 3 percent this year, while inflation will be between 2-3 percent.

Hajdu Egon, investment director at the company’s press conference in Budapest on Wednesday underlined that the HUF against the EUR will be between 305-315 HUF. The bank rate in 2017 remains on the current 0.9 percent level. The Hungarian stock market index may continue to rise in 2017. (MTI)