Next year world economy will increase and perhaps domestic economy also
According to IMF's updated forecast for this year; the performance of the whole world economy will be below 1.3 percent compared to last year, but next year global GDP will increase by 2.9 percent.
The next week published official report obtained by Reuters paints a better picture on the evolution of the crisis, because the 2009 shrinkage was expected to be 1.4 percent in April and the 2010 expansion was expected to be 2.5 percent.
Bank of America’s and Merrill Lynch’s common prediction expects growth in the first quarter of 2010 in Hungary. Radoslaw Bodys regional analyst believes that Hungary’s economy has passed throught the most difficult period – reports Népszabadság Online.
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