Free Trial

ERBD Raises GDP Growth Forecast to 5.5% for 2021

HUNGARY
  • ERBD raises Hungary GDP growth forecast for 2021 to 5.5% (up from 4% in September 2020), higher than the government 4.3% projection.
  • Economic recovery likely to be driven by investments, EU recovery fund and improving household consumption.
  • However, growing concerns over the Delta variant have increased the uncertainty over the economic outlook.
  • This morning, Polish Health Minister was already talking about the risk of a 4th Covid wave in late August.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.