Learn more

Hungary’s economic rebound will be modest this year, around 2%, and the return to potential growth is set to be postponed to 2025 with GDP expanding around 3.2%, according to UniCredit bank’s quarterly forecast of CEE countries. Fiscal targets will be missed, leading to the possibility of an excess deficit procedure. Battery manufacturing capacities will partly counterbalance the drop in external demand in 2024, but due to low domestic value added and the import need of these investments, the final GDP effect will be low, it added. The 2024 growth projection for Hungary is below the 2.6% targe…

cuu