IMF raises Hungary’s GDP growth forecast to 4.6%

IMF raises Hungary’s GDP growth forecast to 4.6%

Published at: 2019-10-17 09:20 | Author: CIJ Serbia
The International Monetary Fund raised its 2019 economic growth forecast for Hungary to 4.6 percent. In April, the IMF had predicted 3.6-percent growth for the year. GDP growth is expected to slow in 2020 to 3.3 percent. Inflation, meanwhile, will average 3.4 percent for 2019 and 2020. Unemployment is expected to drop to 3.5 percent in 2019 and to 3.4 percent in 2020, according to the fund’s most recent World Economic Outlook report. The IMF also reported that the Hungarian real estate market is strong, particularly in Budapest.

Similar Stories:

Quectel opening R&D center in Belgrade
Quectel Wireless Solutions is planning to open a research and development center in Belgra  »
Hungary further developing drone technology
In an effort to improve economic growth and stay competitive, Hungary is working to furthe  »
Serbia secures €100m from EBRD for new trains
Serbia has secured a €100m loan from the European Bank for Reconstruction and Developmen  »
Atlantic Group sells Dietpharm, Multivita brands
PharmaS has acquired Fidifarm from the Atlantic Group. The price of the deal has not been  »
Czech Republic  ♦  Bryan Wilson : On Management
What’s guided your theory of management? I’d start by saying that in no way do I cons   »
The Czech investment group Redside has completed the acquisition of the Trenčin Industria   »
The Prague-based property conference took place in the shadow of the financial crisis that   »
Radom airport has been the butt end of jokes for years. Czech Airlines and Air Baltic both   »