Still Expecting Current Account Deficit In 2012

September 2011
Emerging Europe Monitor: Central Europe & Baltic States;
The article offers forecast on the economic condition in Hungary. It discusses the effects of strong exports on the nation's trade surplus, which is the primary driver of the account current surplus. It expects a 1.9-percent increase of gross domestic product (GDP) from 0.4 percent and predicts that the account current surplus will return to deficit in 2012, despite the role of imports in improving domestic demand conditions.


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