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Forecast 2012

GDP -1.5%
 
Industry 4.5%
 
Investment -4%
 
Gross earnings 5.5%
 
Inflation 5.3%
 

You can download the forecast from here.

Focus

Slight improvement on residential market

10. May, 2012 in Construction, Housing, Publications, Real estate, Free publications

In April of 2012 the GKI Budapest Real Estate Market Index (92.8) shows insignificant decrease compared to the previous quarter (-0.8 points). Expectations on residential and warehouse market improved slightly, on office and retail space market deteriorated.

Something happened. Or not?

01. May, 2012 in Economic growth, Exports, Investment , Economy, Publications, Free publications

The forint strengthened considerably after the news that the obstacles to the IMF negotiations might be eliminated soon. GKI forecasts that the implementation of the Szell Kalman Plan 2.0 may be sufficient to terminate the excessive deficit procedure next year.

GKI-Erste economic sentiment index remained unchanged in April

22. Apr, 2012 in Business cycle, Business expectations, Consumer expectations, Prosperity, Publications, Free publications

In April, the GKI-Erste economic sentiment index adjusted for seasonal effects remained at its March level following a modest increase of two months and a previous significant decline of almost one year. This corresponds to the level at the end of summer 2011.

The forecast of GKI Economic Research Co. for 2012

28. Mar, 2012 in Economic growth, Exports, Investment , Publications, Free publications

The Hungarian economy has been the weakest for years in the region, and it fell short of its own capabilities. Now this is accompanied by a credibility crisis (perceived in the political, economic and business spheres as well). Although the growth was slightly faster than the EU average in 2011, it was lower than the regional one.

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