Kopint-Tárki has improved its growth expectations

The Kopint-Tárki Economic Research Institute raised its GDP growth forecast for September to 4.8 percent from the 4.5 percent forecasted in June, while its forecast for 2020 remained unchanged at 3.2 percent – Palócz Éva, CEO of Kopint-Tárki Zrt. said at a press conference in Budapest on Thursday.

She added that they expect an annual average inflation of 3.4 percent for 2019, which is 0.1 percentage point lower than it was indicated in their June forecast, and they lowered their earlier forecast of 3.7 percent next year to 3.4 percent as well. (MTI)