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macroJul 14, 2026, 1:30 PM

ING Economists See Upside Risks to Hungary's GDP Growth

ING economists Peter Virovacz and Frantisek Taborsky have turned more optimistic on Hungary's growth outlook, citing positive high-frequency data and stronger consumption. They maintain a 1.5% GDP growth forecast for 2026 but see clear upside risks.

EURHUF

ING economists Peter Virovacz and Frantisek Taborsky have revised their view on Hungary's economic prospects, expressing greater optimism. Their assessment notes positive surprises in high-frequency indicators and a pickup in consumer spending.

While the economists still project GDP growth of 1.5% for 2026, they now highlight significant upside risks to that forecast. The improved outlook reflects recent data momentum rather than a formal forecast revision.

Source: FXStreet Forex News