wiiw Forecast Reports

HUNGARY: At the turning point of the business cycle

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Sandor Richter

in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 88-91

The current report is only available to members and paying customers. Past issues become freely available online when the next report is released. Several individual sections of the report are freely available to download now (see below).

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The Hungarian economy expanded by 4.8% in Q2 of 2018, reaching the zenith of the current business cycle. Growth has been driven by the extraordinarily rapid utilisation of EU cohesion policy resources. This high growth rate cannot be sustained in the next three years. A sharp decrease in EU transfers from next year on will remove an important driver of growth and there is no comparable substitute for that in sight.

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Hungary


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