Kopint-Tárki: Hungary's GDP may rise between 0 to 1 percent next year
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.
Related news
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >