Kopint-Tárki slightly worsened its GDP growth forecast for this year

By: Trademagazin editor Date: 2022. 04. 07. 11:19

Kopint-Tárki has moderately reduced its GDP growth forecast for this year by 1 percentage point, from 5.0 percent at the end of last year to 4.0 percent, CEO Palócz Éva announced at the research institute’s online presentation of its spring business report on Thursday.

Kopint-Tárki worsenes its growth forecast

She said that inflation is expected to be 8.7 percent in 2022, the institute calculates, with upside risks. She called accelerating inflation the main threat.
She indicated that the forecast would take little account of the possible abolition of official prices for household energy and fuels, as they assumed it was unlikely that world market prices would be “one-sided and full” in household prices. (MTI)