We have recently downgraded our forecasts for the Hungarian economy and now expect GDP to contract by about 0.5% in 2012. This is unlikely to drive a renewed slump in commercial property rental values. Even so, the risks are clearly to the downside and we have pencilled in falls in all-property rents next year of 2% to 3%.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services