Raiffeisen: economic growth is on peak

The Hungarian economic growth is on top. The first-quarter GDP growth could be around 5 percent – Török Zoltán, senior analyst of Raiffeisen Bank said on Monday in Budapest at the credit institution’s analyst briefing.

He explained that the role of household consumption and investment may increase in GDP growth. According to Török Zoltán, after the first quarter, “the growth can only go downhill”.

Raiffeisen Bank expects a GDP growth of around 4 percent this year.
According to the lead analyst, the EUR / HUF exchange rate is around 310-315 HUF around the year, with inflation ranging from 2.3 to 2.4 percent. (MTI)