Hungary: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary
August 29, 2025
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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.
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.
Subject: Expenditure, Financial sector policy and analysis, Financial sector stability, Inflation, Prices, Public debt
Keywords: audit oversight, control environment, credit program, Eastern Europe, Europe, Financial sector stability, Global, Inflation, integrity authority, safeguards assessment of the Magyar Nemzeti Bank, state presence
Pages:
79
Volume:
2025
DOI:
Issue:
250
Series:
Country Report No. 2025/250
Stock No:
1HUNEA2025001
ISBN:
9798229020619
ISSN:
1934-7685
