Slowing economic growth, accelerating inflation, eastern closing

The war launched by Russia against Ukraine and the resulting widespread international economic sanctions are forcing the global economy, including the Hungarian economy, onto a new economic path, which can only be forecast with great uncertainty in both the short and medium term. In the short term, the most striking are the sharp spike in inflation, the general stock market fall, the general depreciation of the dollar, and the instability of global supply chains (from energy to food, raw materials and components). The latter confront governments with the need to rapidly develop a new system of world economic relations, especially in the medium term, while taking into account environmental considerations.

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