Takarékbank expects rapid growth this year
Analysts at the financial institution expected an increase of 6.6 percent in their previous April forecast.
Suppan Gergely explained that even if GDP can reach pre-pandemic levels in the second quarter, there are sectors where the rebound will be significant due to the base effect. The analyst also called the 7.7 percent forecast subdued, noting that if growth did not strengthen on a quarterly basis, annual GDP growth would still be 5 percent. (MTI)
Related news
OECD slightly downgrades global GDP growth forecast for this year and next
The Organization for Economic Co-operation and Development (OECD) has marginally…
Read more >For businesses to grow, expanding their credit portfolio is essential.
For businesses to grow, it is essential to expand their…
Read more >EU forecast: moderate growth expected despite global economic uncertainty
Despite heightened global political uncertainty and trade tensions, the European…
Read more >Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >Cautious optimism in tourism: the economy improved in May, but the sector is still in the red
In May 2025, Hungarian tourism businesses reported a slight improvement…
Read more >