Budapest Business Journal
The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will grow by 1.5% in 2025 and 2.7% in 2026 in its latest Regional Economic Prospects report released on Tuesday.
According to MTI, EBRD lowered the forecast for 2025 by 0.5 percentage point from the previous report published in February.
The EBRD said Hungary’s economy was likely to be “heavily affected” by additional import tariffs imposed by the United States, noting that the country’s exports to Germany accounted for around 18% of GDP.
