Analysis by Region - Emerging Markets - Hungary
We trimmed our 2024 GDP growth forecast by 0.1ppt to 1.5% as the rebound in Q3 activity has been underwhelming. The near-term outlook for Hungary's exports remains subdued. As a pickup in domestic demand is unlikely to fully offset it, we cut our 2025 GDP forecast for Hungary again by 0.2ppts to 3.3%.
- Hungary: Struggling auto sector weighs on the near-term outlook
- 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
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Policy
- Politics
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