IMF forecasts 2.8 pc Hungary GDP growth in 2019

The International Monetary Fund forecasts Hungary's economy growing by 2.8 percent in 2019, according to the November issue of IMF's regional economic outlook report for Europe. The IMF said domestic demand could increase by 2.7 percent two years from now, gross investment as a share of GDP could reach 20.9 percent, annual inflation could be at 3 percent and unemployment at 4.3 percent. Hungary's budget deficit could reach 2.3 percent of GDP in 2019 while the country's gross debt could fall to 70.2 percent of GDP. The current account surplus should diminish to 3.2 percent of GDP.