Raiffeisen: economic growth will be 2.2 this year and 2.7 percent in the next year

The analysts of the Raiffeisen Bank expect a 2.2 percent economic growth for this year a 2.7 percent for the next year and 2.9 percent for 2018 – Török Zoltán, senior analyst of the credit institution said in Budapest on Tuesday at a press conference.

According to experts of the financial institution, inflation this year on an annual level will be 0.4, in 2017 2 percent, while in 2018 2.7 percent.

Török Zoltán explained that according to their analysts, this year's weaker economic performance in the first quarter will be temporary, for the second quarter accelerating economic growth rate can be expected. (MTI)