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Penzugykutato forecasts GDP growth of 3.7pc this year

March 20th, 2019

Economic research company Penzugykutato expects Hungary's GDP growth to slow to 3.7 percent in 2019, researcher Eva Varhegyi said on Wednesday. Penzugykutato attributes the slowdown to adverse changes in the external environment, growing tensions in the global economy, and major difficulties facing Europe, the market for 80 percent of Hungary's exports, with Germany's economic growth projected at close to 1 percent.


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