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
Measures taken regarding foot-and-mouth disease are effective
Hungarian disease control measures against the foot-and-mouth disease virus are…
Read more >
Agrometeorology: Night frosts to return next week
Further heavy rain is expected until the end of the…
Read more >
Could the foot-and-mouth disease epidemic further worsen store prices?
After fifty years, foot-and-mouth disease has reappeared in Hungary, which…
Read more >
More related news >
Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >
Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >
GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >
