IMF raises GDP forecast for Hungary

IMF raises GDP forecast for Hungary

Published at: 2019-04-11 09:54 | Author: CIJ Serbia
The International Monetary Fund raised the forecast for GDP growth in Hungary in 2019. It's predicting 3.6 percent growth for this year, up from its October forecast of just 3.3 percent. Its prognosis is slightly less ambitious than that of the Hungarian government, which anticipates 3.9 percent growth. In 2020, the IMF sees slower growth for the country of 2.7 percent. On the inflation front, the IMF expects prices to rise 3.2 percent this year and that this will dip only slightly to 3.1 percent in 2020. In 2019, moreover, it sees unemployment dropping to 3.5 percent and subsiding still further in 2020 to 3.4 percent.

Similar Stories:

Fitch affirms Hungary’s ‘stable,’ ‘robust’ economy
Despite a slight GDP slowdown in the second quarter, Fitch Ratings has affirmed Hungary’  »
Hungary’s GDP grows by 4.9% in Q2
Hungary’s GDP increased by 4.9 percent y-o-y in the second quarter, according to data pu  »
Serbia ranks first in Financial Times’ FDI index
Serbia took first place in the Financial Times’ global greenfield foreign direct investm  »
Hungarian construction growth slows in May
Output within the Hungarian construction sector dropped 26.3 percent y-o-y in May, accordi  »
Poland failed to win the next Jaguar and Land Rover factory, on which the automobile giant   »
hat the problems of the sector were never going to come from that side of the development   »
But last year also marked another important deal for Poland, as Norges Bank Investment Man   »