Think Tank Says Export-Driven Growth Will Hit 1 Pct

According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the mostly exports driven GDP growth rate will be approximately 1 pct.

The cycle of reduction in the official rate of the National Bank of Hungary is probably over, and the exchange rate of the forint to the euro will be weaker than previously thought: the annual average is expected to total about HUF 277.

News Monitoring