GKI: Exports have the main role
According to the forecast of GKI Economic Research Co. in cooperation with Erste Bank; the ratio of the mainly export driven economic growth rate will be around 1 percent.
Hungary's industrial production increased by 7.3 percent in the first five months of this year, which is clearly the consequence of the favorable external market boom. The industry's domestic sales, continued to decline by 5.6 percent, while exports increased by 15.1 percent. The turnover of transportation and commercial accommodation also increased.
Related news
More related news >
Related news
Acceptance of 3D-Printed Meat Is Rising in Germany
German consumers are increasingly open to 3D-printed, lab-grown meat alternatives,…
Read more >Nestlé To Launch Deep Tech Centre To Boost Innovation
Nestlé plans to set up a new centre for ‘deep…
Read more >Our net greenhouse gas emissions have decreased by 42 percent compared to 1990
Our country has entered the group of climate champion countries…
Read more >