The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that both the depth and duration of the global recession are still unpredictable; but forecasts all over the world are more and more pessimistic.
The forecast prepared by GKI Economic Research Co. in co-operation with Erste Bank shows that both the depth and duration of the global recession are still unpredictable; but forecasts all over the world are more and more pessimistic. In Hungary real earnings decrease moderately, while consumption declines significantly. Investments in the business sector drop because of the limited demand and the scarcity of resources.
You can download the analysis from here.
