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Hungary's Economic Outlook

Growth has been picking up in Hungary and, after years of stagnation, it is becoming one of the fastest growth economies in central and eastern Europe. 

However, structural problems and weak domestic demand continue to weigh on economic activity. 

Danske Bank notes as follows on Thursday....

We now expect real GDP growth to have been 4.0% y/y in 2014 - up from 1.2% y/y in 2013. We expect growth of 3.3% y/y in 2015.

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