The growth rate of the Hungarian economy temporarily picked up again in the fourth quarter of 2015, and it exceeded the EU average by more than one percentage point. However, in the CEE region the Slovak, Romanian, Polish, Czech and Bulgarian growth rates were all higher. The slowdown is expected to continue in Hungary: the annual average growth rate will be around 2.3 per cent in 2016, after 2.9 per cent in 2015 and 3.7 per cent in 2014. The EU forecasts that out of the 11 countries in the CEE region only the Croatian, Bulgarian and Slovenian growth rates will be lower than the Hungarian one.
You can download the forecast from here.
