Equilor: 3.5 percent GDP growth is expected for 2018 and 3.3 percent for 2019

The Hungarian economy is still in a good state and the factors supporting GDP growth provide a favorable environment, so the analysts of the Equilor Investment Ltd. expect a 3.5 percent GDP increase in 2018 and a GDP growth of 3.3 percent in 2019.

Kiss Mónika, the leading analyst at the Equilor Investment Ltd. said at a press conference in Budapest on Tuesday that the growth in households’ income is behind the growth of consumption last year, while consumer confidence is on a record level at the same time.

She pointed out that the impact of the Hungarian parliamentary elections is expected to be negligible for the money and capital market processes. (MTI)