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Now it is clear where the Hungarian economy is heading according to the Central Bank

Now it is clear where the Hungarian economy is heading according to the Central Bank

Magyar Nemzeti Bank will present its latest growth report on Wednesday. The Central Bank’s Growth Report provides a comprehensive picture of the expected long-term development path of the Hungarian economy, as well as the most important factors determining it.

Photo: Simon Moricz Sabjan/Global Economy

Magyar Nemzeti Bank analyzes the growth trend of the Hungarian and world economy in several of its regular publications, such as Inflation Report, Balance of Payments Report, Financial Stability Report and Competitiveness Report. These publications usually focus on the short and medium term processes of the economy, in particular the analysis of the evolution of the variables that determine the behavior of monetary policy.

The purpose of the Growth Report is to present our country’s long-term growth trajectory, sometimes covering an entire business cycle.

and its specific social and economic factors, directly using standard and proxy indicators.

The 2023 Growth Report focuses on innovation-driven companies (IDEs). At this event, MNB employees will present the economic weight, regional location, sector focus and other characteristics of these companies.

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