GKI: slowing growth, accelerating consumption
In the first quarter, only the Greek growth was worse than the Hungarian growth. Due to the worse than expected data the GKI modified this year’s growth forecast from 2.3 percent to 2 percent, but even slower GDP growth can be imagined as well – the GKI Economic Research Co. told.
The research institute in its forecasts sent to MTI highlights that due to the fall in the construction industry the investment is likely to decline even more significantly by around 8 percent. However, due to rapid wage increases the consumption growth can be 3.5 percent. (MTI)
Related news
GKI is more pessimistic than the government about growth, inflation and public finances
GKI hasn’t changed its 2-2.5% growth forecast for 2024. However,…
Read more >For the green transition, some raw materials can cover the need in Hungary to a certain extent
In Hungary, there are raw materials from which the need…
Read more >The economic index of GKI decreased in April
According to a survey conducted by GKI Gazdaságkutató – with…
Read more >Related news
What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >Community in the community
The recent MasterWorks business workshop of Hungarian Product Nonprofit Kft.…
Read more >