Ungheria Tasso di Crescita annuale del PIL

Hungary’s gross domestic product expanded by 0.6% year-on-year in the third quarter of 2025, matching preliminary estimates and accelerating from a 0.1% growth in the previous three-month period. This marked the strongest growth since the second quarter of 2024, mainly driven by strong performances in the construction (2.6% vs 3.7% in Q2) and services sector (1.5% vs 1.4%), particularly for financial and insurance activities (3.8% vs 0.7%) and accommodation and catering services (3% vs 3.1%). Additionally, contraction moderated in the industry sector (-1.7% vs -2.9%), mainly in manufacturing (-0.8% vs -3.7%). On the expenditure side, household consumption, the largest component of actual consumption, continued to increase (2.6% vs 3.5%). However, net external demand weighed on growth, as exports declined (-0.6% vs -1%) while imports increased (3.9% vs -0.8%). On a seasonally adjusted quarterly basis, the economy stagnated after an upwardly revised 0.5% growth in Q2.