The MNB expects five percent economic growth

By: Trademagazin editor Date: 2021. 03. 12. 11:35
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. (

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