GDP is expected to grow 4.9% this year, one of the fastest in Europe. Private consumption remains an important driver of the economic growth, supported by a tight labour market and hikes in real wages. Indeed, the GKI consumer confidence index shows an optimistic last year and consumption growth is seen accelerating to 5.3% in 2018 from a level of 4.8% in 2017.
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Cushman & Wakefield: Hungary Retail Snapshot (Q4, 2018)
Published By: Cushman & Wakefield