Savings Bank: GDP may increase by 2.2 percent this year and by 3.3 percent next year

The Hungarian economy may grow by 2.2 percent this year, while by 3.3 percent next year, according to the most recent forecast of the Savings Bank (Takarékbank Zrt.).

The government deficit may be favorable than expected. This year, 1.6 percent next year it may be 2.1 percent of the GDP, while the debt ratio may be reduced from last year's 75.3 percent to 74.1 percent by the end of this year, while next year it may fall to 71.9 percent. (MTI)