Kopint-Tárki: Hungary's GDP may rise between 0 to 1 percent next year

By: trademagazin Date: 2011. 10. 05. 13:20

Kopint-Tárki Economic Research Institute Inc. changed its 2012 growth forecast: after the 1.5 percent GDP growth this year, the previously forecasted 3.0 percent growth is expected to be be only 0.5 percent next year.

Next year GDP growth rate will be between 0-1 percent, but worse than this scenario can not be ruled out – indicated Palócz Éva CEO.
Inflation will accelerate to 4.6 percent, instead of the previously expected 3.6 in 2012, after this year's 4.0 percent consumer prices increase. The research institute forecasts an average of 285 HUF euro exchange rate – reports MTI.