Kopint-Tárki: economic growth will be around an annual 3.5 percent this year

The experts of the Kopint-Tárki Business Climate Research Institute say that the Hungarian economy will expand by about 3.5 percent this year and 2.7 percent next year.

The Institute’s projection presented on Tuesday forecasts that after this year's second quarter’s, 3.9 percent growth the expansion of the economy is slowing down.

The economic research experts forecast a 0.1 percent annual inflation for 2014 and a 2.2 percent annual inflation for 2015. They note that due the disinflationary effect of the international environment and due to the domestic overhead reduction, the consumer price index had fallen to a deep level has not ever experienced, and in the first eight months of 2014, the inflation was 0 percent. (MTI)