Savings Bank: next year Hungary's GDP may expand by 3.3 percent

After the temporary slowdown of this year (2.1 percent economic growth), the economy may grow by 3.3 percent next year – according to the Hungarian Savings Bank’s quarterly forecast.

According to the notice sent to MTI on Wednesday, the analysts of the Savings Bank explained that although the growth prospects for the world economy have not improved over the last quarter, the external environment remains favorable for the Hungarian economy. However the Brexit may be a substantial risk. A possible British exit from the EU might affect the European financial system and the real economy badly, while would place the vulnerable economies under pressure again. (MTI)