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
NAK: consumers would also be adversely affected by the withdrawal of EU agricultural subsidies
The withdrawal of EU agricultural subsidies would seriously affect small…
Read more >Turkey meat imports fell
According to European Commission data, the EU’s (EU27) poultry meat…
Read more >The European Commission proposes the introduction of a new type of tax
With the support of Unicum Riserva, the new series of…
Read more >Related news
Ministry of Agriculture: Hungarian farmers can always count on the national government
Hungarian farmers are one of the government’s most important allies,…
Read more >Cow and goat cheeses recalled from trade due to microbiological contamination
Pasteurized cow and goat cheeses from France have been recalled…
Read more >Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >