K & H: accelerating domestic consumption, although the strong Swiss franc dampens purchases
Because of the result of the economic growth – particularly in the emerging countries, but also in some developed countries – growing inflation can cause problems, so in the next few months, the interest rate decisions of the world's major central banks will influence the capital market – said Horváth István, investment manager of K&H Alapkezelő.
Although, predictions were about downturn during lat summer, in the last months of the year, it became clear, that the the global economy will continue to grow: the United States produced a nearly 3 percent growth and China’s economic growth was also 10 percent. However, due to the effect of the economic growth – particularly in the developing countries – the threat of inflation has increased – reports Világgazdaság Online.
Related news
Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >