GKI: The foreign market demand and the EU support can help in recovery

By: trademagazin Date: 2009. 11. 30. 00:06

According to the forecast of GKI Economic Research Co., in cooperation with Erste Bank; This year, in the Hungarian economy a 6.5 percent decline and future stagnation is expected.

The Hungarian economy is probably beyond over the nadir of the downturn. In the fourth quarter, a minimal increase is expected compared to the previous quarter. Compared to the same period of the previous year, a modest growth is only expected in the second half of 2010. The rate of inflation is only slightly accelerates, despite the tax increases, the external balance significantly improves, the internal meets with international standards.

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