Equilor: the growth of the Hungarian economy may fall short of the government's ambition

According to Equilor’s analysts, this year's growth of the Hungarian economy may fall short of the government's ambition, and is expected to be 2 percent – Szántó András, director of the retail business branch at Equilor Investment Ltd. said in Budapest on Tuesday at a press conference.

Kiss Mónika, the company's senior analyst, said that the moderate performance in the construction industry has a negative impact on economic growth and the “credit boom” has not started yet, while investments are low. In addition, the positive effect of the family homemaking discount (csok) is also be delayed – he added. (MTI)