Hungary Information Technology Q1 2019
The Hungarian IT market is forecast to record sustained growth throughout 2019-2022, with demand growth to besupported by an expanding economy and the positive contribution to hardware and software solution import affordability fromforint appreciation. Rising wages will however pose a challenge to the export oriented software and services industry by puttingpressure on competitiveness. The core scenario for IT demand and the domestic IT industry are positive, but there is significantdownside risk because of the Fidesz government's populist agenda that could deter investment and see a further escalation oftensions with the EU.
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