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
Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >There are many applications, yet effective recruitment is often a challenge for domestic companies
The experiences and ideas of Hungarian companies regarding workforce management…
Read more >