Analysts expect higher growth and lower inflation than the European Commission forecasted
The European Commission is too pessimistic with regard to next year’s economic growth and this year's inflation – the senior analysts of K&H and ING consider.
According to the economic forecast of the European Commission (EC), the Hungarian GDP growth will be 2.4 percent this year and 1.9 percent in 2016.
Balatoni András, the senior analyst of ING believes that the growth for 2016, can be higher. In his opinion the Hungarian economy may grow by 2-2.5 percent in long terms. (MTI)
Related news
European Commission demands information from Temu on counterfeits
The European Commission has demanded more information from Temu, as…
Read more >The Hungarian EU presidency shows the direction for the common agricultural policy after 2027
The aim of the Hungarian EU presidency is to show…
Read more >EU Olive Oil Supply To Swell As Spanish Crop Recovers From Drought
Olive oil supply in Europe is set to rise sharply…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >