GKI: Improvement in terms of trade
The GKI Economic Research Co. predicts that – although in 2014 the growth was approx. 3.2 percent a temporarily extremely rapid growth – the deceleration started in the third quarter of last year has begun will continue in 2015-2016 as well.
This year around a 2 percent GDP dynamics is expected. The terms of trade improved primarily for political reasons, due to the decline in World oil prices, and thus inflation is lower than it was expected before, while consumption is higher and , and external balance is likely to be more favorable.
Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >VIMOSZ: optimism in the tourism sector
Persisting optimism characterizes the Hungarian tourism sector, the players of…
Read more >20 years of Hungary in the EU: how has the forint exchange rate changed?
On May 1, 2004, ten new states joined the European…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >