Equilor: GDP may increase by 3.1 percent this year
According to the experts of the Equilor Befektetési Zrt. (Equilor Investment Ltd.) this year the, gross domestic product (GDP) may expand by 3.1 percent and it may grow with 2.7 percent next year.
Szántó András, director of Equilor's retail business department told at a press conference in Budapest on Tuesday that inflation this year will be 0.1 percent and 1.5 percent is expected for the next year. He added that the analysts of Equilor expect that the euro exchange rate this year may vary between 305-320 HUF. In their view, the USD will exceed the 300 HUF exchange rate in 2016, and may also increase up to 330 HUF. (MTI)
Related news
Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >