GDP components: decelerating private consumption, deteriorating net exports
3/12/2014 The second estimation of Q3 GDP confirmed the deceleration of GDP growth to 3.2% year-on-year (and to 0.5% compared …
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
Emigration and Its Economic Impact on Eastern Europe
A new IMF study showed that both workers and the receiving countries are beneficiaries of emigration while sending countries are experiencing negative impacts.