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According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the bottoming out of the Hungarian economy is still to come, GDP is likely to drop by about 6.5 per cent this year.

According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the bottoming out of the Hungarian economy is still to come, GDP is likely to drop by about 6.5 per cent this year. Agriculture and export-oriented industries will suffer the greatest losses. The second half of the year will see a stronger HUF than before and accelerating inflation.

You can download the analysis from here.

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