Growth should pick up in 2017 as new infrastructure projects are launched in the context of the new cycle of EU structural funding, before moderating in 2018. Private consumption should remain the main growth driver, given projected employment gains, in part supported by still large public works schemes, and faster wage growth. Increasing unit labour costs and weak markets will cut export growth.
Poland, 22 November 2016; Hungary, 7 May 2016
Hungary Snapshot 2013
Find key economic figures and trends for Hungary from OECD Yearbook 2013
In the post-crisis economic environment, investing in human capital and labor force seems more necessary than ever to ensure a strong, sustainable recovery.
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