GKI: growth is faster than expected, but its pace is slowing down

By: Trademagazin editor Date: 2018. 09. 03. 11:50

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GKI has raised its forecast for the growth of the Hungarian economy this year to 4.2 percent, but believes that next year economic growth will decrease to close to 3 percent – the GKI Economic Research Company told MTI.

The GKI in its analysis highlights that the Hungarian economy expanded faster than expected and than most EU Member States in the second quarter of 2018, but according to the EU methodology, dynamics slowed down in the second quarter. (MTI)