Equilor: In 2020, the Hungarian economy will still be able to outperform the eurozone and the region

The Hungarian economy may be slowing down after last year’s dynamic expansion, but its growth may still be significantly higher than the growth of the eurozone and the countries of the region – according to an analysis of the Equilor Befektetési Zrt. (Equilor Investment Ltd.) economic outlook for 2020.

According to the analysis sent to MTI on a Monday, GDP growth could be 3.8 percent this year, with domestic consumption and domestic investment and exports still playing a major role. Real wage growth may be more subdued than in previous years, while household consumption may remain a strong factor, while investment and export volumes may grow less than last year. (MTI)