Slowdown continues

beka

According to the forecast of GKI Economic Research Co., the slowdown of the Hungarian economy that started in the second quarter of 2015 will continue. The 3.6 per cent growth rate in first-quarter was followed by only 2.7 per cent in the second quarter and summer data suggest a further deceleration. After 3.6 per cent in 2014, the GDP growth rate will be 2.7 per cent in 2015 and around 2 per cent next year, mainly due to the stagnation of investments in 2015 and their decline in 2016. However, internal and external equilibria will be favourable.

You can download the forecast from here.

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