Kopint-Tárki: 5.8 percent decline in the Hungarian economy is expected this year

Due to the return of the pandemic, Kopint-Tárki expects a 5.8 percent decline in the Hungarian economy this year, compared to the 5.5 percent annual decline indicated in April and the 5 percent forecasted in July – Palócz Éva, CEO of Kopint-Tárki Zrt. said on Thursday at an online press conference was presented, where business cycle report No. 2020/3 titled “The situation and prospects of the world economy and the Hungarian economy in the autumn of 2020” was presented.