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OTP Bank Analysis: After Slowing Growth In 2023, GDP Appreciation For This Year Could Approach 3%

According to OTP Bank analysts, the local economy experienced weaker growth in 2023 than previously anticipated. Nevertheless, some lights are visible at the end of the tunnel: after expanding by 1.5% in 2023, 2024 growth could be close to 3%. The outlook for this year is mostly influenced by the recovery in consumption due to higher real wages, the pace of construction activity and developments in the euro ...

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