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Forecast 2014-15

  2014 2015
GDP
3.2% 2%
Industry
7.5% 5%
Investment
15% 0%
Gross earnings
3% 3%
Inflation
0% 2%

Focus

GKI-Erste economic sentiment index did not change in December

in Business cycle, Free publications

Business expectations closed the year on their annual peak, whereas consumer sentiments on their annual low. In the course of 2014, expectations were moving sideways within a rather narrow range, typically showing strong optimism.

The forecast of GKI for 2015

in Economy, Publications, Forecast, Free publications

With intensifying global economic and political risks as well as Hungary’s deteriorating assessment by international economic participants, trends in 2015 seem to be uncertain. GKI forecasts Hungary’s GDP to grow by 3.2 per cent in 2014 and 2 per cent in 2015.

GKI-Erste economic sentiment index decreased slightly in November

in Business cycle, Free publications

Compared with its very high October value, the GKI-Erste economic sentiment index adjusted for seasonal effects decreased slightly in November. Compared with their October values, expectations remained unchanged in the business sector, whereas they declined among consumers.

Exuberant optimism on the residential and office space markets

in Construction, Housing, Publications, Real estate, Free publications

The real estate market index referring to Budapest is 109 in October of 2014, which is higher by 3 points than the same value measured in April of 2014. The value of index referring to Hungary is 105.5 in October of 2014, which is higher by almost 3 points than six month ago.

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