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
Related news
Plant-based brands risk losing consumer interest, says Flora exec
Flora Food Group marketing director Ian Hepburn has warned that…
Read more >Albertsons Terminates Merger With Kroger
Albertsons has terminated its $25-billion (€23.7 billion) merger agreement with Kroger after…
Read more >Zalando acquires rival About You
Zalando is buying out its German competitor About You. Both…
Read more >