London analysts: the performance of the Hungarian economy forecasts a stronger than expected growth this year

London financial analysts said that on the basis of the current activity indicators, the Hungarian economy started strongly this year and is likely to grow at a faster pace than expected in 2017, while next year a monetary tightening cycle is expected.

One of the biggest financial-economic analyst house in London, the Capital Economics’s economists in their monthly forecast panorama on the Central and Eastern European emerging economies told that they expect that the Hungarian gross domestic product (GDP) will increase above the consensus, of 3.5 percent this year. (Kertész Róbert, MTI)