Kopint-Tárki has improved its growth expectations

Kopint-Tárki expects this year’s economic growth to be faster than expected. The economic researcher has raised its growth forecast for this year by 20 basis points to 4.8 percent, while the 2019 growth forecast was increased by 50 basis points to 4.1 percent – Palócz Éva, CEO of Kopint-Tárki Zrt. said at the institute press conference on Thursday.

She noted that the performance of the Hungarian economy was outstanding in the third quarter within the EU and believed that the inflow of EU money would be significant even next year. On the production side, the role of the construction industry is remarkable in growth, but the growth of industry has been lower than before. (MTI)