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
Related news
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >