Consumption has an increasing role in the expansion of GDP

In the 2015-2018 period consumption will have an important role in the expansion of the gross domestic product (GDP), while the contribution of the export to the GDP will decline – the majority of the researchers and analysts believe – was said at the Fiscal Council’s (KT) conference on Tuesday.

The Secretariat of the Fiscal Council (KT) and the Hungarian Economic Association held a professional conference on Tuesday in Budapest, with the participation of research institutes, and the participation of the experts of the Hungarian National Bank and the National Audit Office, who assist the work of the KT. (MTI)