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2nd April, 2026

2025 budget deficit near 5% of GDP



The government sector deficit was Ft 4.059 trillion, or 4.7% of GDP last year, the Central Statistics Office announced as it released its preliminary figures on Wednesday.

The central government deficit came to Ft 4.174 trillion, while local governments and social security funds recorded surpluses of Ft 49 billion and Ft 66 billion, respectively.

The government sector’s revenue for the year came to Ft 37.082 trillion, and its expenditure Ft 41.141 trillion.

The MNB reports that the state debt stood at Ft 64.912 trillion, or 74.6% of GDP, at the end of the year. (ksh.hu; portfolio.hu; novekedes.hu; economx.hu; telex.hu; index.hu)
2nd April, 2026

Housing market rebounds, demand falls in March



The housing market saw 11,554 transactions in March, up 32% month-on-month, according to estimates by Duna House.

Activity was just 5.3% below the strong levels recorded a year earlier: turnover in 2025 was higher only in March and September.

The rebound may prove short-lived as data from property agencies zenga.hu and ingatlan.com show a decline in phone and online enquiries, pointing to softer demand.

According to Credipass, the credit brokerage arm of Duna House, new housing loan contracts totalled Ft 240 billion in March, down just 2.2% from February but more than 74% higher than MNB data a year earlier. (portfolio.hu)
2nd April, 2026

Economic doubts hurt housing sales



More than 270,000 telephone inquiries were made for homes for sale in March, a 13.9% decline year-on-year, according to property agency ingatlan.com.

Workday-adjusted data show a 9% decline in demand compared to the previous month.

According to analyst Laszlo Balogh of ingatlan.com, the housing market was characterized by a wait-and-see attitude in March.

The approaching elections played a role in this, he remarked. Furthermore, the uncertain economic outlook related to the armed conflict in the Middle East is causing some people planning to buy a home to be cautious. A similar situation occurred in the spring of 2022, when the Russian-Ukrainian war broke out, he added. (novekedes.hu)


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