IMF Raises GDP Growth Forecast For Hungary In April

  • 10 Apr 2019 6:42 AM
  • Hungary Matters
IMF Raises GDP Growth Forecast For Hungary In April
The International Monetary Fund (IMF) raised its projection for Hungary’s GDP growth this year to 3.6% in its fresh World Economic Outlook.

The projection was raised from 3.3% in a forecast released last October, but is still under the government’s latest forecast for 3.9% growth.

The IMF sees Hungary’s GDP growth slowing to 2.7% in 2020.

The IMF projects average annual inflation will pick up to 3.2% in 2019, before edging back to 3.1% in 2020.

It sees the unemployment rate dropping to 3.5% in 2019 and to 3.4% in 2020.

The current account surplus is set reach 0.5% of GDP in 2019, level with last year, before widening to 0.6% in 2020.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports