GKI: The growth of the Hungarian economy is at peak
The Hungarian economy grew by 4.4 percent in the first quarter of 2017 and in the first quarter of 2018, with the highest fourth-fifth highest rate in the region reaching the peak of its current cyclical business cycle – the GKI Economic Research Co., told MTI in its latest forecast.
According to GKI’s announcement, construction, agriculture, information-communication and trade are the fastest growing sectors in Hungary this year.
It was emphasized that the construction industry’s increase due to its high base will be less than last year. Industrial expectations are favorable, but the transformation in the automotive industry and the danger of a customs war between the European Union (EU) and the United States (USA) may cause problems. (MTI)
Related news
The outlook continued to improve in October, with the GKI business climate index reaching a thirteen-month high
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Canceling the Sziget festival would cause serious economic losses – GDP could decrease by more than 30 billion forints
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >GKI: lack of knowledge and scepticism slow down AI’s spreading at the workplace
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >How do we get started if we are not yet present in online commerce?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

