April 18th, 2021 AAAA
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Sun 18 April 2021
Warszawa (PL)
 
6/3°C
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4/3°C
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Sun 18 April 2021
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6/5°C
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IMF raises GDP growth forecast for Hungary

April 6th, 2021

The International Monetary Fund (IMF) raised its projection for Hungary's GDP growth this year to 4.3 percent in its fresh World Economic Outlook published on Tuesday. The projection was raised from 3.9 percent in the previous forecast released last October. Hungary's economy contracted by 5 percent in 2020. The IMF sees Hungary's GDP growth rising to 5.9 percent in 2022. The IMF projects average annual inflation will pick up to 3.6 percent this year before decelerating to 3.5 percent in 2022. The projection is up from 3.4 percent forecast in October.


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