Archive of GKI’s forecasts

2018 September  Forecasts for 2018-2019

2018 August       Growth larger than expected but slowing down

2018 July           Hungarian economic growth probably reached its apex

2018 June          Hungary’s economic policy goals and the room of manoeuvring after the elections

2018 May            Consumption of households grows rapidly this year as well

2018 April           For the time being, GDP growth is relatively fast

2018 March         Q1 detailed forecast:  The Hungarian economy before elections

2018 February     Investments rose rapidly in 2017

2018 January      GDP growth probably accelerated slightly in the fourth quarter of 2017

2017 December  Q4 detailed forecast on 2018

2017 November  The foundations of sustainable economic growth should be established now

2017 October      Trends are favourable in the short term

2017 September  Q3 detailed forecast on 2017-2018

2017 Augustus   Consumption of households grows rapidly this year as well

2017 July            Budgetary advance payment of EU transfers increased sharply

2017 June           Q2 detailed forecast on 2017

2017 May            Growth faster than expected

2017 April          Consumption of households grows rapidly this year as well

2017 March        Q1 detailed forecast on 2017

2017 February   Investments of the public sector felly by more than 60 per cent in 2016

2017 January    GDP may grow by around 3 per cent in 2017

2016 December  Q4 detailed forecast on 2016-2017

2016 November  Hungary is lagging behind the CEE region countries

2016 October      Modest growth, excellent equilibria, price increases starting

2016 September  Q3 detailed forecast on 2017-2018

2016 August        Accelerating but modest growth

2016 July             Silent deterioration of equlibria started

2016 June            Q2 detailed forecast on 2016

2016 May             Economic growth slowing down – household consumption accelerating

2016 April           The economy is slowing down

2016 March          Q1 detailed forecast on 2016

2016 February    Deteriorating growth prospects worldwide

2016 January      Deceleration continues in 2016

2015 December  Q4 detailed forecast on 2015-2016

2015 November   No progress without investment

2015 October       Slowdown continues

2015 September  Q3 detailed forecast on 2015-2016

2015 August         Slowdown started

2015 July             Silent deterioration of equlibria started

2015 June            Q2 detailed forecast on 2015

2015 March          Q1 detailed forecast on 2015

Earlier detailed macroeconomic forecasts

2014  Q1

2013  Q4

2013  Q3

2013  Q2

2013  Q1

2012 Q4

2012 Q3

2012 Q2

2012 Q1

Earlier monthly forecasts

2014 May           Temporary improvement

2014 April          2014 – spectacular start, uncertain continuation

2014 February    Change in the growth trend?

2014 January      Appearance and reality

2013 November  The improvement is temporary

2013 October      Interest rates – a roller coaster is coming

2013 August       Hungarian economy has still been frozen even after a hot summer

2013 July            Waiting for growth

2013 May           The price of the budgetary success

2013 April          The modest adjustment in the first half of 2013 may be followed by some loosening in the second half of the year

2013 February   Falling behind more and more

2013 January    Stagnation after recession

2012 October    Recession continues uninterrupted during economic adjustments

2012 August      Keeping the wrong direction