By the end of summer 2015 statistical data also revealed that the Hungarian economy has been on a slowing trajectory. It is no surprise as the rapid growth in 2014 (that also continued in the first quarter of 2015) was basically due to temporary factors, such as the peak of the inflow of EU transfers, the revitalization of consumption in connection with the election year, the excellent harvest and former automotive investments. Economic prospects are further dimmed by a slowdown in the Chinese economy and the expected deterioration in European business activity, due to rising political risks (e.g., migration crisis).
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