K&H Expert Says Hungarian Economy Needs a Turnaround

telex.hu

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According to Dávid Németh, senior analyst at K&H, the Hungarian economy could grow by 1.5 percent this year, with even stronger years to come. The successful drawdown of EU funds will only boost growth next year.

444.hu

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The Hungarian economy may change pace this year, but still expects only 1.5 percent GDP growth after last year's 0.4 percent, according to Dávid Németh, the chief analyst at K&H (he was the one who was attacked first by Viktor Orbán and then by the entire public media for committing a net falsification of news after his forecast last November). According to Németh, GDP growth could increase to 2.5 percent next year, and then the annual growth ra…

Heti Világgazdaság

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There are signs of economic recovery, but a major rebound is not expected this year either. Inflation is currently low, but could rise above 4 percent by the end of the year. Domestic bond yields reflect optimism, but the market has not yet priced in the Hungarian euro.