Savings Bank: improving growth prospects in the Hungarian economy

According to the current macroeconomic forecasts of the Savings Bank, the growth prospects of the Hungarian economy are improving. The bank's analysts expect a 0.7 percent GDP growth for 2013 and a 1.7 percent growth for the next year.

According to Suppan Gergely senior analyst of the credit institution told at a press conference in Budapest on Wednesday, that the European economy is clearly showing a recovery, and it will drag the performance of the Hungarian economy as well. He added that inflation remains persistently low: 1.9 percent this year, and 1.7 percent next year. (MTI)