Kopint-Tárki Institute for Economic Research Co.
1112 Budapest, Budaőrsi út 45.,
tel.: +36 1 309-2695, fax: +36 1 309 2647,
e-mail: info@kopint-tarki.hu
The study, prepared for the Hungarian Chemical Industry Association (MAVESZ), analyzes the situation of the Hungarian chemical industry, focusing on major international trends in the chemical industries in the world and in Europe.
The purpose of the study, which was prepared for the Secretariat of the Fiscal Council of Hungary, is to review the fiscal processes that have characterized the European Union’s economies over the last two years, especially the Central and Eastern European countries and Hungary.
The study, prepared for the Fiscal Council of Hungary, presents the main trends in world trade, the relationship between trade and FDI, and the relationship between trade in value-added and competitiveness and global value chains. The analysis outlines the preliminary results for the EU, for Hungary and other countries and presents the methodology for compiling TiVA.
Forecasts
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| GDP | -5.0% | 4.0% | 5.0% |
| Gross Fixed Capital Formation | -7.3% | 6.0% | 10.0% |
| Industrial Production | -6.1% | 4.5% | 5.0% |
| Gross Salaries | 9.7% | 5.5% | 6.0% |
| Unemployment* | 4.1% | 3.9% | 3.6% |
| Current+Capital Account** | 0.0% | 0.5% | 0.5% |
| General Government** | -8.1% | -7.0% | -4.0% |
| Consumer Price Index* | 3.3% | 3.3% | 3.3% |
| MNB Base Rate*** | 0.6% | 0.6% | 1.0% |
| 10-Year Yield*** | 2.08% | 2.3% | 2.4% |
*annual average **in % of GDP ***at year-end
Fact Forecast
A new IMF study showed that both workers and the receiving countries are beneficiaries of emigration while sending countries are experiencing negative impacts.
© 2007. Kopint-Tárki Institute for Economic Research Co. - All Rights Reserved
1112 Budapest, Budaőrsi út 45., telefonszám: +36 1 309-2695, faxszám: +36 1 309 2647
e-mail: info@kopint-tarki.hu