The European Commission has revised its forecast for the Hungarian economy this year

By: Trademagazin editor Date: 2019. 11. 07. 11:52

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)

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