Interest rates – a roller coaster is coming

GKI forecasts that after the recession of last year, a minimal GDP growth, barely better than stagnation, can be expected in 2013, followed by only around 1.3 per cent growth next year well below the average of the CEE region. Owing to favourable financial market conditions, interest rates drop and the forint is getting stronger. However, this trend is expected to be reversed next year.

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