Raiffeisen expects growth above four percent

Raiffeisen analysts have increased their GDP expectations from the previous 3.8 percent to 4.2 percent, and economic growth is expected to be 3.4 percent next year – Török Zoltán, senior analyst said at a press conference in Budapest.

He noted that in parallel, the bank also raised its inflation projection, expecting a 2.6 percent decline instead of the previously expected 2.4 percent for 2018, and expect inflation next year to reach 2.8 percent. (MTI)