Country Economic Forecasts > Hungary

Attention: There is an updated edition available for this report.

Country Economic Forecasts - Hungary

Hungarian GDP grew by 0.9% q/q in Q2, slightly below Q1’s 1.2%. As the Q2 result was in line with our expectations, our 2018 growth forecast is unchanged at 4.2%. We see consumption being the main driver of growth, as wage growth stays robust given the very tight labour market. Even though trade tensions between the EU and the US have eased, we still expect Hungary’s growth to slow to 2.7% in 2019 and then about 2% in 2020-21, in line with potential.

Hungary: The following represents a general Table of Contents outline for the Country Economic Forecast.
The actual report may cover any or all of the topics listed below.
Highlights and Key Issues
four/five p

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