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Analysis by Region - Emerging Markets - Hungary

Publisher Oxford Economics
Published Mar 31, 2025
Length 9 Pages
SKU # OFE19906805

Description

We've nudged up our GDP growth forecasts for Hungary by 0.1ppt to 1.6% for 2025 and 3.3% for 2026. Still, we think that looming US tariffs and weak external demand will weigh on growth in the near term. But the solid pre-electoral stimulus will support activity in Hungary later this year, and the European fiscal splurge will buoy foreign demand in 2026-2027.

Table of Contents

9 Pages
Hungary: European fiscal stimulus could boost medium-term activity
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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