Raiffeisen expects growth above four percent

By: Trademagazin editor Date: 2018. 07. 05. 11:47

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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)