EU: Hungary’s GDP growth expected to accelerate

The European Commission expects Hungary’s GDP growth to accelerate to 2.3pc in 2026, supported by fiscal stimulus, from 0.4pc in 2025 in an autumn forecast released on Monday.

Hungary’s GDP edged up 0.3pc in Q1-Q3, the latest data from the Central Statistics Office (KSH) show. The EC forecast shows inflation falling to 3.6pc in 2026 from 4.5pc in 2025.

The general government deficit is set to widen to 5.1pc of GDP in 2026 from 4.6pc in 2025. Hungary’s state debt relative to GDP is seen increasing to 73.9pc in 2026 from 73.7pc in 2025. The EC expects Hungary’s current account to run a deficit of 0.3pc of GDP in 2026, following a modest 0.1pc-of-GDP surplus in 2025.

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