Hungary: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary

Hungary: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary
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Volume/Issue: Volume 2025 Issue 250
Publication date: August 2025
ISBN: 9798229020619
$20.00
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Topics covered in this book

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Finance , Inflation , Investments and Securities-General , Economics- Macroeconomics , Public Finance , Financial sector stability , Fiscal consolidation , Loans , Inflation , Fiscal stance , Securities

Summary

Hungary’s rebound has stalled. A nascent recovery in early 2024 lost momentum in the second half of the year and output contracted in Q1:2025. Inflation re-accelerated in Q4:2024 and remains above the 1 percent tolerance band of the 3 percent target. These developments emerged against an already disappointing postpandemic recovery and long-standing productivity impediments.