The European Commission has further improved its growth forecast for Hungary

By: Trademagazin editor Date: 2019. 07. 10. 11:28

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This year’s economic growth forecast for Hungary has been improved further – the European Commission published its summer forecast on Wednesday.

Experts from the Brussels-based Economic and Financial Directorate-General (Ecfin) raised this year’s Hungarian GDP growth rate to 4.4 percent by 0.7 percentage points, compared to the spring report, while next year’s estimate is still 2.8 percent. (MTI)