Varga Mihály: the Hungarian economy may grow by 6.8 percent this year

Ministry of Finance lowers economic growth forecast
The minister recalled an increase of 7-7.5 percent was expected two months ago. Among the reasons for the more subdued growth expectations, he highlighted that rising energy prices will significantly slow down the performance of European economies, and inflation may be higher in parallel. (MTI)
Related news
Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >MNB Director: The central bank expects 4.7 percent annual inflation this year
Inflation is expected to exceed the central bank’s tolerance band…
Read more >NAK announces its large-company-startup program again
The government aims to further strengthen the momentum and competitiveness…
Read more >Related news
Irrigation water resources equivalent to one-third of Lake Balaton are available
Despite the extraordinary drought and lack of precipitation, we can…
Read more >Free irrigation water provided to farmers is a key element in the fight against drought
Free irrigation water provided to farmers is a key element…
Read more >Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >