GKI: Consumption drops by 3 percent next year

By: trademagazin Date: 2011. 10. 11. 17:13

According to the forecast of GKI Economic Research Co. prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. This is only in part a consequence of the worsening global economic environment. The austerity measures of Hungarian economic policy prevented an increase in domestic demand and the development of the economy more than previously envisaged.