Hungary's economic growth does not need to be expanded right now, central bank Governor Zsigmond Jarai said. According to him, the growth rate is actually too high considering the global environment, according to local reports. The issue at hand is not the rate but the growth's structure, Jarai explained. Hungary's current growth is "generated by the expansion of domestic demand, large wage increases not based on a matching development in performance, and by the fiscal deficit," he said.
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