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)
Related news
Waiting strategy – and no real confidence
In a quarterly online presentation by PwC Magyarország partner Gábor…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >MNB Director: The central bank expects 4.7 percent annual inflation this year
Inflation is expected to exceed the central bank’s tolerance band…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >Does food become more expensive because it passes through too many hands? – Tamás Éder spoke about supply chains and the illusion of “shortening”
Many people believe that food prices could be cut if…
Read more >