P - RESS RELEASE E E I - 2022 A

Microsoft Word - Background material_Equilibrium_Institute_forecast_Q42022.docx PRESS RELEASE ECONOMIC FORECAST OF THE EQUILIBRIUM INSTITUTE - WINTER 2022 ACCORDING TO THE ANALYSIS OF THE EQUILIBRIUM INSTITUTE, ECONOMIC GROWTH IN HUNGARY WILL BE 5 PERCENT THIS YEAR AND 0.1 PERCENT NEXT YEAR The Equilibrium Institute has published its 2022 winter economic forecast. [...] In the coming years, exports may be the engine of growth in Hungary, while the previous engines of growth, i.e. [...] In the longer term, the forint may weaken further, but if the country-specific factors ease, the Equilibrium Institute does not expect the rapid weakening of the forint, which was seen this spring and autumn. [...] Most of them continue to point in the direction of weaker growth and higher inflation, but at the same time, signs of easing inflation have appeared in the world economy. [...] Among the external factors affecting the Hungarian economy, the easing of external inflationary pressure can positively influence the data.