GKI: GDP growth probably accelerated slightly in the fourth quarter of 2017
Similarly to 2017, the Hungarian economy is expected to grow at a rate close to 4 per cent in 2018. Although this rate is well above the EU average of slightly less than 2.5 per cent, it is moderate in the CEE region. The 20 per cent increase in investments in 2017 will slow down to about half of it this year, whereas the rise of consumption over 4 per cent will essentially remain in 2018 as well. However, the rate of the expansion of exports will be closer to that of imports. Incoming EU transfers will rise. Inflation will accelerate somewhat. More…
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >The GKI business climate index increased slightly in April
According to a survey by GKI Economic Research Ltd. –…
Read more >Earth Day: Climate awareness among the Hungarian population is on the rise
April 22 is Earth Day, so the domestic perception of…
Read more >Related news
The tourism industry has declined – but it is still one of the best-performing sectors of the economy
The Tourism Business Index (TKI) stood at -6 points in…
Read more >The new generation of Hungarian street food has moved to Dob Street – Introducing Budapest Bites
Enriching the city’s street food palette, the place offers a…
Read more >