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Hungary: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2025. "Hungary: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Hungary," IMF Staff Country Reports 2025/250, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/250
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