Higher GDP Growth Forecast For Hungary
- 19 Apr 2018 11:31 AM
- Hungary Matters
The International Monetary Fund (IMF) raised its projection for Hungary’s GDP growth this year to 3.8% in its fresh World Economic Outlook published on Tuesday.
The projection was raised from 3.4% in a forecast released last October. Hungary’s government projects a 4.3% GDP growth this year.
Consumer price inflation will rise to 2.7% in 2018 and to 3.3% in 2019, the IMF said.
The unemployment rate is expected to fall to 3.8% this year and to 3.5% next year.
The current account surplus is set to narrow to 2.5% of GDP in 2018 and to 2.4% in 2019.
XpatLoop Media Partner
LATEST NEWS IN finance