Hungary Business Forecast Report Q4 2012 - New Market Research Report
Core Views: We still expect the Hungarian economy to contract in real GDP terms in 2012 despite the strong Q411 growth figure. All areas of the economy apart from the external sector will act as a drag on headline growth, and we anticipate only a tepid macroeconomic recovery in 2013 and 2014 as debt deleveraging and austerity are set to remain key dynamics over the medium term. Despite our expectation for Hungary's current account to remain in surplus territory in...
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