CIB: Hungarian economy’s growth is expected to decline to 3-3.5 percent next year

The growth rate of the Hungarian economy will be 4.8 percent this year, but next year it may fall to 3-3.5 percent, which, however, still remains one of the highest among the European Union (EU) member states – according to CIB Bank’s analysis sent to MTI.

Trippon Mariann, senior analyst at CIB, added in the communication that this is still a little below the average of the previous 5 years and that it does not pose any extra risk for the labor market and the budget. (MTI)