According to Cushman & Wakefield latest report, Hungary’s GDP growth slowed gently, to 3.1% y/y in Q3 from 3.6% in Q2.Investment remained the economy’s brightest spot, with the fourth consecutive quarter of double-digit expansion in Q3.Net exports also contributed to growth despite both exports and imports being subdued. Meanwhile, consumer spending faltered, albeit with signs of improvement already materialising as evidenced by robust retail sales in October and November. More details in the attachment.
