AGP Executive Report
Last update: 8 hours agoGrowth: Hungary’s economy expanded 1.5% year on year in Q3, driven by industry and services, but drought-hit agriculture weighed on output. Growth was just 0.1% from the previous quarter. 2027 Budget: The government projects a 4.9%-of-GDP deficit, down from 7.5% in this year’s revised budget, and 2.4% growth. Public debt is forecast to edge down only slightly, to 77.2% of GDP. Energy Deals: Hungary and Egypt agreed to explore cooperation on gas transport and LNG infrastructure, alongside railway projects. A separate agreement with the U.S. aims to expand American oil and gas supplies across Central Europe. Investment: Coca-Cola HBC Hungary is investing €100 million in its bottling plant, adding to a week of attention on manufacturing and capacity growth.
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