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By Tamas Csonka in Budapest Hungary’s GDP is expected to grow by around 1.6% in 2024 and 3.4% next year, according to the latest forecast from MBH Bank’s macro analyst unit. This year’s forecast has been revised from 2.7%, driven by weaker external demand and a significant drop in investments. Economic growth will accelerate to 3.4% next year, boosted by an improving interest rate environment, a rebound in investments, and rising domestic consumption. In May, MBH forecast the economy would grow by 3.7% in 2025. The 2024 and 2025 forecasts are slightly below the government’s targets. The tight …

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