C/A To Improve Despite Export Slowdown

July 2008
Emerging Europe Monitor: Central Europe & Baltic States;Jul2008, Vol. 15 Issue 7, p1
Country Report
The article provides an outlook for the economy of Hungary through 2012. Analysts forecast Hungary's current account (CA) to improve further over the long term after narrowing to 4.9% of gross domestic product (GDP) in 2007. They also expect a slowdown in the country's export growth from 16.2% in 2007 to 5.5% by 2012, and a steady widening of its net income deficit in nominal terms. The two key factors that contribute to the negative outlook for the country's export growth are also cited.


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