New Market Research Report: Hungary Food & Drink Report Q3 2013
Hungary's recession will continue throughout 2013, with BMI forecasting the country's GDP to contract by 0.3%, followed by anaemic growth in 2014. The government's erratic policy decisions and punitive corporate tax rates will continue to deter fixed investment, while private consumption overall will also decline in the course of the year. We expect consumers to remain variable regarding their discretionary spending.
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