Hungary’s gross domestic product grew by 0.7% year-on-year in the fourth quarter of 2025, slightly below market forecasts of a 0.8% expansion but higher than the 0.6% growth in the previous three-month period, preliminary estimates showed. The latest figure also marked the fastest growth since the second quarter of 2024, mainly driven by the combined performances in the services sector, particularly financial, insurance, and trade, as well as the performance of the construction industry. However, the decline in industry weighed most heavily on overall economic growth. On a seasonally adjusted quarterly basis, the economy expanded by 0.2% in Q4 2025, after showing no growth in the preceding period.
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Hungary Q4 GDP Growth Strongest in Six Quarters
Hungary’s gross domestic product grew by 0.7% year-on-year in the fourth quarter of 2025, slightly below market forecasts of a 0.8% expansion but higher than the 0.6% growth in the previous three-month period, preliminary estimates showed. The latest figure also marked the fastest growth since the second quarter of 2024, mainly driven by the combined performances in the services sector, particularly financial, insurance, and trade, as well as the performance of the construction industry. However, the decline in industry weighed most heavily on overall economic growth. On a seasonally adjusted quarterly basis, the economy expanded by 0.2% in Q4 2025, after showing no growth in the preceding period.