Central Bank Sees GDP Shrinking 6.0-6.5% This Year
The National Bank of Hungary (NBH) expects the economy to contract between 6.0 percent and 6.5 percent this year, forecasts from its latest quarterly Inflation Report released on Tuesday show.
The central bank had forecast GDP contraction of between 5.1 percent and 6.8 percent in the previous report released in September.
The Finance Ministry expects GDP to fall by 6.4 percent this year.
Passenger numbers at Budapest’s Liszt Ferenc International Airport fell to 49,283 in November, down by an annual 96.1 percent, operator Budapest Airport said on Saturday. In the same month, the airport handled an all-time record 13,864 tonnes of air cargo, up 6.3 percent from last year, the operator said. The airport has also prepared refrigerated […]Continue reading