Raiffeisen: the outlook for the Hungarian economy is very favorable

The outlook for the Hungarian economy is extremely favorable: the expansion of the GDP may be over three percent this year and for the next year – Török Zoltán, chief analyst of Raiffeisen Bank at a conference in Budapest.

He said that the growth was mainly due to the increase in household consumption, which this year will expand by 5 percent, while the favorable external environment and the expansive fiscal policy will also contribute to the growth. (MTI)