Photo: mercedes-benz.hu

Kopint-Tarki lowers 2021 GDP forecast to 6.1 percent

Economic research firm Kopint-Tarki has lowered its forecast for 2021 GDP growth to 6.1 percent from 6.8 percent in a projection released in the autumn, the firm's chief executive Eva Palocz said on Wednesday.

Finance Minister Mihaly Varga said last week that this year’s GDP growth was targeted at 6.0-6.5 percent.

Kopint-Tarki forecast average annual inflation at 5.5 percent this year, higher than 5.1 percent projected by the National Bank of Hungary (NBH).

Leave a Reply