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.
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