Hungary's economic recovery remains fragile. In late July, the government slashed its 2025 growth forecast from 2.5% to 1%, signaling diminished optimism amid weak external demand. The European Commission expects real GDP growth to reach O.8% next year, while inflation has eased sharply are also intensifying: the budget deficit is projected at roughly 4.5% of GDP, driven by pre-election spending and sluggish revenue growth. The export recovery can stabilize the country's path heading into 2026. more than tripled (246.5%) to 700m, owing to a handful of larger,