Markets Actual Q4/24 Q1/25 Q2/25 Q3/25
Stock Market (points) 79551.80 73422 72515 71615 70723
Currency 389.14 385 389 392 396
Government Bond 10Y (%) 6.49 6.81 6.73 6.65 6.57

Overview Actual Q4/24 Q1/25 Q2/25 Q3/25
GDP Growth Rate (%) -0.70 0.8 0.9 0.8 0.8
GDP Annual Growth Rate (%) -0.80 1 1.2 1.8 2.3
Unemployment Rate (%) 4.60 4.7 4.8 4.5 4.8
Inflation Rate (%) 3.20 3.7 3.5 3.3 3
Inflation Rate MoM (%) 0.10 0.5 0.3 0.1 0.6
Interest Rate (%) 6.50 6.5 6.5 6 5.5
Business Confidence (points) -8.70 -8 -7.5 -6 -8
Consumer Confidence (points) 27.10 -22 -20 -18 -25
Retail Sales MoM (%) -1.40 0.8 0.8
Current Account to GDP (% of GDP) 0.80 -1.9
Government Debt to GDP (% of GDP) 73.40 71.9
Government Budget (% of GDP) -6.70 -4.5

GDP Actual Q4/24 Q1/25 Q2/25 Q3/25
GDP Growth Rate (%) -0.70 0.8 0.9 0.8 0.8
GDP Annual Growth Rate (%) -0.80 1 1.2 1.8 2.3
GDP Constant Prices (HUF Million) 11072101.00 11679623 10126822 11271399 11326759
Gross Fixed Capital Formation (HUF Million) 2207569.00 2467144 2393589 2247305 2258343
GDP from Agriculture (HUF Million) 378054.00 449497 402673 384859 386749
GDP from Construction (HUF Million) 433635.00 421719 428154 441440 443609
GDP from Transport (HUF Million) 620085.00 625533 623843 631247 634347
GDP from Services (HUF Million) 6472585.00 6431218 6550969 6589092 6621454
GDP from Public Administration (HUF Million) 1341149.00 1345532 1351214 1365290 1371995
GDP from Manufacturing (HUF Million) 1847983.00 1914623 1909352 1881247 1890487
GDP (USD Billion) 212.39 216
GDP per Capita (USD) 16286.76 16531
GDP per Capita PPP (USD) 40553.78 41162
Full Year GDP Growth (%) -0.90 1.5

Labour Actual Q4/24 Q1/25 Q2/25 Q3/25
Unemployment Rate (%) 4.60 4.7 4.8 4.5 4.8
Youth Unemployment Rate (%) 17.20 17.3 17.4 17.1 17.4
Labour Costs (points) 188.73 189 219 206 205
Wages (HUF/Month) 627437.00 721107 721628 700473 680769
Wage Growth (%) 12.50 10 9.6 9.1 8.5
Population (Million) 9.60 9.62

Prices Actual Q4/24 Q1/25 Q2/25 Q3/25
Inflation Rate (%) 3.20 3.7 3.5 3.3 3
Inflation Rate MoM (%) 0.10 0.5 0.3 0.1 0.6
Consumer Price Index CPI (points) 1997.80 2001 2040 2048 2055
Harmonised Consumer Prices (points) 167.54 168 171 172 172
Core Inflation Rate (%) 4.50 4.2 4.6 4.2 3.8
Core Consumer Prices (points) 622.60 626 636 642 647
GDP Deflator (points) 184.58 191 191 191 190
Producer Prices Change (%) 0.90 4.5 3.4 3 2.3
Food Inflation (%) 3.50 4.2 3.2 2.8 2.5
CPI Transportation (points) 97.90 98.39 98.69 98.78 99.38

Money Actual Q4/24 Q1/25 Q2/25 Q3/25
Interest Rate (%) 6.50 6.5 6.5 6 5.5
Interbank Rate (%) 6.50 6.5 6.5 6 5.5
Loans to Private Sector (HUF Billion) 12741.60 12679 12628 13011 13035
Deposit Interest Rate (%) 5.50 5.5 5.5 5 5
Lending Rate (%) 7.50 7.5 7.5 7 6.5
Private Debt to GDP (%) 159.20 157

Business Actual Q4/24 Q1/25 Q2/25 Q3/25
Business Confidence (points) -8.70 -8 -7.5 -6 -8
Industrial Production (%) -7.20 3.5 2.1 3.1 3.8
Manufacturing PMI (points) 47.60 50.3 50.9 51.4 51.8

Consumer Actual Q4/24 Q1/25 Q2/25 Q3/25
Consumer Confidence (points) 27.10 -22 -20 -18 -25
Retail Sales MoM (%) -1.40 0.8 0.8
Retail Sales YoY (%) 1.70 2.7 2.7
Consumer Spending (HUF Million) 6802522.00 6985702 6540873 6924967 6958980
Bank Lending Rate (%) 7.50 7.5 7.5 7 6.5
Gasoline Prices (USD/Liter) 1.56 1.57 1.59 1.62 1.64
Consumer Credit (HUF Billion) 1495.68 1357 1392 1459 1530

Trade Actual Q4/24 Q1/25 Q2/25 Q3/25
Current Account to GDP (% of GDP) 0.80 -1.9

Government Actual Q4/24 Q1/25 Q2/25 Q3/25
Government Debt to GDP (% of GDP) 73.40 71.9
Government Budget (% of GDP) -6.70 -4.5