Growth picks up in Hungary but will it last?
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HUNGARY: The detailed Hungarian GDP data for the first quarter paints a moderately positive picture. The main driver of the accelerated growth rate was the pre-election effect. While the change in power has the potential to result in prolonged momentum, there are also risks to th
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4 itemsGrowth picks up in Hungary but will it last?
Hungary’s growth streak continues but falls short of expectations
The Hungarian economy's growth remains on an upward trend but has underperformed versus market expectations, prompting cautious optimism among analysts. GDP expanded by just 0.4% in Q2 2026, falling short of the ING forecast of 1.2% and suggesting that the initial boost from the prior quarter may have been overstated. Per the full note, while Hungary's economy has now grown over five consecutive quarters, the lower-than-expected growth indicates potential hurdles ahead, particularly as global economic conditions remain uncertain.