Hungary's economy expanded at a faster pace in the first quarter of 2026, as estimated initially, the latest data from the Hungarian Central Statistical Office showed on Tuesday.
On an unadjusted basis, gross domestic product rose 1.7% annually in the March quarter, following a 0.8% expansion in the fourth quarter. That was in line with the flash data published on April 30.
Further, this was the strongest expansion since the second quarter of 2024.
The expenditure breakdown showed that final consumption expenditure of households grew 4.9%, and government consumption was 5.4% higher.
Meanwhile, gross fixed capital formation dropped 0.1% amid contraction in investments in construction. Net foreign demand was not favourable as exports fell 1.8% amid a 4.1% growth in imports.
On an adjusted basis, GDP also advanced 1.7% yearly in the first quarter versus 0.7% growth in the previous quarter, as estimated.
Compared to the previous quarter, the Hungarian economy expanded 0.8% after rising 0.2% in the final quarter of 2025, confirming the flash estimate.
