The MNB expects five percent economic growth
We can be optimistic about the recovery of the economy – this was also highlighted by last year’s gross domestic product (GDP) data – economic growth is expected to average 5 percent in 2021-2022 – Világazdaság Online quotes the Magyar Nemzeti Bank’s (MNB) announcement.
The Hungarian economy was shockproof and GDP expanded in the fourth quarter of 2020, despite the second wave of the coronavirus.
The central bank forecast growth of 3.5-6 percent in 2021 in its December Inflation Report, and an increase of 5-5.5 percent in 2022.
The updated macro trajectory will be published in late March. (vg.hu)
Related news
The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >
K&H Analyst Commentary: Hungarian economy shows faint signs of life
In the second quarter, GDP grew by 0.2 percent year-on-year…
Read more >
Waiting strategy – and no real confidence
In a quarterly online presentation by PwC Magyarország partner Gábor…
Read more >
More related news >
Related news
The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >
Beer producers are hoping for a hot August
After nearly three percent growth last year, domestic beer consumption…
Read more >
Gergely Gulyás: the government is expanding the support program for small-town grocery stores
The government is expanding the grocery store support program launched…
Read more >
