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KOPINT-TÁRKI RAISES GDP FORECAST TO 4.5% IN 2021

 

Economic research institute Kopint-Tárki has raised its forecast for Hungary’s economic growth in 2021 to 4.5% from its December projection of 3.5%. Éva Palócz, the think tank’s head, said economic growth in 2021 will partly result from a base effect, with a rebound of around 10% expected in the second quarter. In 2022, Kopint-Tárki forecasts GDP growth of 4.5%. Meanwhile, it expects CPI to accelerate to 3.7% this year from 3.3% in 2020.