gdp - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Thu, 04 Jun 2026 19:28:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png gdp - Diplomacy & Trade https://dteurope.com 32 32 OECD: Hungary GDP Growth at 1.6% in 2026, 2.0% in 2027 https://dteurope.com/economy/oecd-hungary-gdp-growth-at-1-6-in-2026-2-0-in-2027/ Wed, 03 Jun 2026 12:05:00 +0000 https://dteurope.com/?p=80067 The Organization for Economic Co-operation and Development (OECD) forecasts Hungary's GDP growth will accelerate to 1.6% in 2026 and 2.0% in 2027 in its latest Economic Outlook published on Wednesday. "A stronger than expected energy shock may deteriorate growth and fiscal prospects, but progress in the discussions around blocked EU funds may boost confidence and […]

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]]> Hungary's First Quarter GDP Climbs 1.7% https://dteurope.com/economy/hungarys-first-quarter-gdp-climbs-1-7/ Tue, 02 Jun 2026 08:22:00 +0000 https://dteurope.com/?p=80046 Hungary's GDP rose 1.7% in the first quarter from the same period a year earlier, the Central Statistical Office (KSH) confirmed in a second reading of data released on Tuesday. Growth was the same when adjusted for seasonal and calendar year effects. Services lifted headline GDP growth by 1.4 percentage points, including a 0.5 percentage […]

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]]> Central Bank Forecasts Inflation to Climb https://dteurope.com/economy/central-bank-forecasts-inflation-to-climb/ Fri, 27 Mar 2026 07:00:00 +0000 https://dteurope.com/?p=78770 As a result of the war in the Middle East and the resulting surge in energy prices, the National Bank of Hungary (MNB) has significantly revised downward its outlook for the Hungarian economy. According to the latest forecasts, GDP growth will be much lower than previously expected, while inflation will accelerate noticeably. MNB projects that […]

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]]> Slight Increase in Hungary GDP in Q4 2025 https://dteurope.com/economy/slight-increase-in-hungary-gdp-in-q4-2025/ Tue, 03 Mar 2026 08:50:00 +0000 https://dteurope.com/?p=78307 Hungary's GDP rose 0.8% in the fourth quarter from the same period a year earlier, the Central Statistical Office (KSH) said in a second reading of data on Tuesday. The volume of Hungary’s gross domestic product was 0.8% higher according to raw data and 0.6% higher according to seasonally and calendar adjusted and reconciled data […]

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]]> Hungary's GDP Rises 0.6% in the Third Quarter https://dteurope.com/economy/hungarys-gdp-rises-0-6-in-the-third-quarter/ Tue, 02 Dec 2025 08:30:00 +0000 https://dteurope.com/?p=76709 Hungary's GDP rose 0.6% in the third quarter compared to the same period a year earlier, the Central Statistics Office (KSH) confirmed in a second reading of data on Tuesday. Services boosted GDP by 0.9 percentage points, while the construction sector added 0.1 percentage points to growth. Industry weighed 0.3 percentage points and the farming […]

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]]> Economic Performance Slightly Up Year-on-Year https://dteurope.com/economy/economic-performance-slightly-up-year-on-year/ Wed, 30 Jul 2025 07:17:00 +0000 https://dteurope.com/?p=74568 The volume of Hungary’s gross domestic product grew by 0.1% according to raw data and by 0.2% according to seasonally and calendar adjusted and reconciled data in the 2nd quarter of 2025 than in the corresponding period of the previous year, the country's Central Statistical Office (KSH) reports. Compared to the previous quarter, the economic […]

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]]> Hungarian Economy Stagnates in Q1 2025 https://dteurope.com/economy/hungarian-economy-stagnates-in-q1-2025/ Wed, 30 Apr 2025 07:44:00 +0000 https://dteurope.com/?p=73624 The volume of Hungary’s gross domestic product stagnated according to raw data and was 0.4% lower according to seasonally and calendar adjusted and reconciled data in the 1st quarter of 2025 than in the corresponding period of the previous year, the country’s Central Statistical Office (KSH) reported on Wednesday. Compared to the previous quarter, the […]

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]]> Hungary Falls into Recession Again, Economic Outlook Grows Bleaker https://dteurope.com/economy/hungary-falls-into-recession-again-economic-outlook-grows-bleaker/ Thu, 31 Oct 2024 18:32:43 +0000 https://dteurope.com/?p=71653 For the second time in two years, Hungary’s economy has slid into recession, as its gross domestic product (GDP) turned negative for two consecutive quarters. New data shows an unexpectedly sharp economic downturn, with Hungary returning to recessionary territory last seen during the 2022 energy crisis. Hungarian GDP fell by 0.7% in the third quarter […]

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]]> Hungarian Retail Sales: A Stagnant Story https://dteurope.com/economy/hungarian-retail-sales-a-stagnant-story/ Thu, 05 Sep 2024 19:28:00 +0000 https://dteurope.com/?p=71111 Retail sales in Hungary continue to disappoint, offering little cause for optimism. Since April 2024, the sector has been stuck in stagnation, with recent data providing few signs of improvement. Despite some positive indicators, the figures remain well below expectations. According to the latest data from the Hungarian Central Statistical Office, June’s weak performance was […]

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]]> Hungarian Government Deficit 6.3% of GDP in H1 2023 https://dteurope.com/economy/hungarian-government-deficit-6-3-of-gdp-in-h1-2023/ Tue, 03 Oct 2023 07:29:00 +0000 https://dteurope.com/?p=68186 According to preliminary data, the deficit of the general government sector in the 1st half of 2023 was HUF 2,296 billion, 6.3% of GDP. The deficit of the 2nd quarter was HUF 570 billion, 3.1% of GDP, the Central Statistical Office (KSH) reports. In the 1st half of 2023:The general government sector’s revenues were HUF […]

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]]> Economic Performance Down by 2.4% in Hungary in Q2 https://dteurope.com/economy/economic-performance-down-by-2-4-in-hungary-in-q2/ Wed, 16 Aug 2023 08:15:00 +0000 https://dteurope.com/?p=66806 Hungary’s gross domestic product decreased by 2.4% according to raw data and by 2.3% according to seasonally and calendar adjusted and reconciled data in the 2nd quarter of 2023 compared to the corresponding period of the previous year, the Central Statistical Office (KSH) reports. Analysts note that this Hungarian GDP data is the third worst […]

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]]> Hungarian Economic Performance Slightly Down https://dteurope.com/economy/hungarian-economic-performance-slightly-down/ Tue, 16 May 2023 09:49:00 +0000 https://dteurope.com/?p=64375 Hungary’s gross domestic product (GDP) decreased by 0.9% according to raw data and by 1.1% according to seasonally and calendar adjusted and reconciled data in the 1st quarter of 2023 compared to the corresponding period of the previous year. Compared to the previous quarter, the economic performance diminished by 0.2% according to seasonally and calendar […]

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]]> Hungary's 2022 deficit: 6.2% of the GDP https://dteurope.com/economy/hungarys-2022-deficit-6-2-of-the-gdp/ Tue, 04 Apr 2023 09:31:07 +0000 https://dteurope.com/?p=62978 According to preliminary data reported by the country's Central Statistical Office (KSH), the deficit of the general government sector in 2022 was HUF 4,159 billion, 6.2% of GDP. The balance deteriorated year-on-year by HUF 209 billion, and improved by 0.9 percentage points as a proportion of GDP. KSH says it reported the data to Eurostat, […]

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]]> Slight Growth of Economic Performance https://dteurope.com/economy/slight-growth-of-economic-performance/ Tue, 14 Feb 2023 10:10:00 +0000 https://dteurope.com/?p=61241 Hungary’s gross domestic product increased by 0.4% according to raw data and by 0.9% according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2022 compared to the corresponding period of the previous year, the Central Statistical Office reports. Compared to the previous quarter, the economic performance diminished by 0.4% according […]

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]]> 3.7% Deficit in Proportion of GDP in Quarters 1-3, 2022 https://dteurope.com/economy/3-7-deficit-as-a-proportion-of-gdp-in-quarters-1-3-of-2022/ Tue, 03 Jan 2023 09:29:00 +0000 https://dteurope.com/?p=59773 According to preliminary data, the deficit of the general government sector in the 1st–3rd quarters of 2022 was HUF 1,825 billion, 3.7% of GDP, the country's Central Statistical Office reports. The balance improved by HUF 366 billion, or by 1.7 percentage points as a proportion of GDP compared to the same period of the previous […]

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