GKI: 2018 was probably the best year of the decade for Hungary
GKI estimates that Hungary’s GDP expanded by 4.6 per cent in 2018 and this rate was remarkably high in the EU. The growth cycle is likely to have reached its peak, and the growth rate is expected to be around 3.4 per cent in 2019. Expansion continues to be driven primarily by domestic demand. However, owing to the high statistical base, the boosting effects of EU transfers will be significantly weaker in 2019.
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