Hungary

Recent Publications

Hungary: Growth Picks Up as Downside Risks Rise

Growth has picked up sharply, driven by investment and private consumption. Policies are expected to remain largely accommodative through this year an

Economic Views: Hungary - Labor Shortages Likely to Constrain Growth

November 2, 2017

Output growth remains driven by domestic spending. Tight labor market conditions and strong wage growth add to inflationary pressures. Despite intensi

Economic Views: Easing Continues in Hungary

September 19, 2017

The central bank lowered its overnight deposit rate by 10 bps to negative 0.15% on September 19 while keeping its key policy interest rate of 3-month

Economic Views: Hungary

While keeping its key policy interest rates unchanged, the central bank lowered the cap for its 3-month deposit facility further from HUF500 billion f

Hungary: Priming the Pump

Driven by loose monetary policy and fiscal expansion, seasonally and working day adjusted real GDP growth accelerated to 1.3% in 2017Q1 from 0.7% in 2

Hungary: Growth Falters as EU Subsidies Fall

December 22, 2016

Real GDP growth has slowed as EU budget transfers fell in 2016, despite supportive fiscal and monetary policies.' Lower growth prompted an increase in

IIF Dispatch: Update from Hungary

November 22, 2016

Our recent trip to Budapest reaffirmed our view that policy framework is becoming increasingly more complicated in Hungary as the authorities are look

Hungary: Struggling for Growth

Hungary has maintained fiscal discipline in recent years, but the government's policy choices have harmed investor sentiment and lowered potential gro

IIF Dispatch: Update on Hungary

February 17, 2016

Our discussions with government officials and bankers in Budapest last week focused on three issues: prospects for an upgrade to investment grade, the

Hungary: Shooting for Investment Grade

Growth is projected to slow this year on account of weaker investment and less supportive fiscal conditions.' With public debt remaining high, the imp

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