Equilor: 3.7 percent growth and 2.4 percent inflation is expected for this year
According to the analysts of the Equilor Befektetési Zrt. (Equilor Investment Ltd.) this year, 3.7 percent economic growth and 2.4 percent inflation are expected in Hungary, Szántó András, director of retail business of the company said on Tuesday in Budapest.
The analysts of the company expect a GDP growth of 3.3 percent for the next year and a slightly upward, 2.8 percent consumer price increase.
András Szántó said that next year there will be elections but, according to them, the general government deficit will not accelerate. In 2017, the budget could be better than projected, with a 2.2 percent budget deficit. In 2018 2.6 percent is expected. (MTI)
Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Is another food price increase expected soon?
In recent weeks, there has been some relief in terms…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >Related news
The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National…
Read more >Fish production in Hungary: the industry is struggling with a growing labor shortage
Despite low feed prices and good water levels, the Hungarian…
Read more >Artificial intelligence in winemaking: new technology is changing the way wine is made
Artificial intelligence is revolutionizing American winemaking, enabling remote monitoring of…
Read more >