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)
Related news
Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >