• Hungarian forint
  • Budapest
  • Police news
  • HelloMagyar
<b> Hungary’s GDP to grow more next year than expected </b><b> Hungary’s GDP to grow more next year than expected </b><b> Hungary’s GDP to grow more next year than expected </b><b> Hungary’s GDP to grow more next year than expected </b>
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Important
  • BREAKING: Austria detaches Hungarian trains of Western railway network

  • Official price list: e-vignette prices to skyrocket in Hungary in 2024

Support us
DNH 2021 DNH 2021 · 29/12/2021
· News To Go

Hungary’s GDP to grow more next year than expected

The finance ministry says it expects the economy and GDP will grow by 5.9 percent next year.
 
The 2022 budget law targets growth of 5.2 percent, but government measures are expected to lift consumption, according to a ministry forecast for the 2021-2025 period published on Wednesday. Household consumption in 2022 is likely to increase by 6.7 percent, up from 3.6 percent expected this year.
 
Personal income tax forgiveness for young employees and a rebate for households with children, as well as a pension supplement, among other measures,
 
may add 1.63 percentage points to GDP growth next year,
 
the ministry said.
Read alsoCould the emerging Hungarian superbank conquer the financial market?

If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
Coronavirus in Hungary European Union Hungarian economy Hungary
Share

Hot news

  • What happened today in Hungary? – 29 September, 2023

  • Ryanair cuts flights: cancellation starts from end-October

  • Hungary’s drinking water supply in danger?

  • Hungarian restaurants among the world’s best of the best

  • PM Orbán in talks with the United Arab Emirates in Belgrade: Budapest Airport on the menu? – UPDATED

  • European neo-Nazis to hold rally in Hungary in October

Leave a Reply

Your email address will not be published. Required fields are marked *

Contact us

About us

Copyright rules

Privacy policy

Advertise with us

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V
<b> What happened today in Hungary? – 29 September, 2023 </b>

What happened today in Hungary? – 29 September, 2023

Read More
Ryanair cuts flights: cancellation starts from end-October

Ryanair cuts flights: cancellation starts from end-October

Read More
Hungary’s drinking water supply in danger?

Hungary’s drinking water supply in danger?

Read More
Hungarian restaurants among the world’s best of the best

Hungarian restaurants among the world’s best of the best

Read More
PM Orbán in talks with the United Arab Emirates in Belgrade: Budapest Airport on the menu? – UPDATED

PM Orbán in talks with the United Arab Emirates in Belgrade: Budapest Airport on the menu? – UPDATED

Read More
European neo-Nazis to hold rally in Hungary in October

European neo-Nazis to hold rally in Hungary in October

Read More
<strong> Minister praising Hungary-China cooperation: real success story </strong>

Minister praising Hungary-China cooperation: real success story

Read More
THE Ranking: Hungarian university in the world’s best 1%, ten others in the best 5%

THE Ranking: Hungarian university in the world’s best 1%, ten others in the best 5%

Read More
Jobless rate rising in Hungary but secretary remains positive

Jobless rate rising in Hungary but secretary remains positive

Read More
Attention! New forint coin introduced today – PHOTO

Attention! New forint coin introduced today – PHOTO

Read More
  • 0
  • 1
  • 2
  • 3
  • 4
Have you read it?