GKI: economic growth will slow down next year
According to the forecast of the GKI Economic Research Institute, teh economic growth will slow further in the forthcoming quarters. The factors contributing to the growth so far – such as the culmination of EU funds, the European business climate favorable until May, the and the overhead reduction – are temporary.
In addition, the international political and economic uncertainty also increases, while due to the nationalizing, anti-market and corruption policies, Hungary’s judgement will deteriorate further in the foreign countries. This year, a 3.2 percent, for 2015 a 2 percent GDP growth is feasible.
Related news
Related news
Mere in Hungary: price list already available, no store yet
The Russian retail chain Mere has not yet officially opened…
Read more >NGM spokesperson: in addition to GDP data, indicators affecting people’s lives also developed favorably
Beyond the gross domestic product (GDP), there are human lives,…
Read more >GDP could grow by 2 percent in 2025
According to the current outlook, GDP growth of around 2.3-2.4…
Read more >