Trademagazin > News and articles > Market News > MNB: sustainable growth rate of the economy can be around 2.5 percent
MNB: sustainable growth rate of the economy can be around 2.5 percent
The growth rate of the Hungarian economy will be around 2.5 percent, which means an annual 1 percent catch-up rate – Virág Barnabás, director of the National Bank of Hungary (MNB), after the Central Bank's growth report was published at a press conference on Wednesday in Budapest.
The investment rate in Hungary is around 25 percent. An up to 3.5-4 percent growth potential can also be reached – Virág Barnabás told, adding that a further increase in the investment rate, may be supported by the long-term improvement in profitability prospects. (MTI)
Related news
More related news >
Related news
More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Digital detox during Easter: addictive phone use is a much more serious and widespread problem than we think
The Easter fast is traditionally a time of introspection, renunciation,…
Read more >Cruel April frost damage: up to 100% crop loss possible
The spring frosts in early April once again caused a…
Read more >