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Forecast for 2015

GDP
2%
Industry
5%
Investment
0%
Gross earnings
2.3%
Inflation
0.5%

Focus

Slowdown in growth – will there be an upgrading?

in Economy, Publications, Forecast, Free publications

In spite of the fact that economic growth was temporarily extremely fast in 2014 (3.5 per cent), GKI predicts that a significant slowdown is likely in 2015. The main reason of this is that EU transfers are contracting in 2015, and business investments are barely growing.

GKI-Erste economic sentiment index did not change in February

in Business cycle, Free publications

In February the GKI-Erste economic sentiment index adjusted for seasonal effects remained unchanged, reflecting a relatively optimistic mood.

Terms of trade are improving

in Economy, Publications, Forecast, Free publications

The terms of trade are improving due to falling oil prices on the world market caused primarily by political factors. The inflation rate will likely be lower than expected, and as a result consumption will be higher and external balance more favourable.

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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