Trademagazin > News and articles > Market News > The European Commission has revised its forecast for the Hungarian economy this year
The European Commission has revised its forecast for the Hungarian economy this year
The European Commission has revised its forecast for the Hungarian gross domestic product (GDP) growth, according to which economic growth is expected to be 4.6 percent this year, the third highest in the European Union, compared to the previous estimate of 3.7 percent.
The Brussels Economic and Financial Affairs Directorate-General (EcFin) released its autumn forecast on a 2.8 percent growth for 2020 and 2021, which is in line with the May forecast. (Bajnok Artúr, MTI)
Related news
Europe revisits plan to ban use of ‘meat’ names for plant-based alts
The proposals include items such as beef, pork, chicken, and…
Read more >New survey: consumers don’t want toxic chemicals
A new survey across five countries has revealed serious concerns…
Read more >Table eggs rose by 30 percent in the first half of the year
According to European Commission data, the EU (EU27) was a…
Read more >
More related news >
Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >