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Hungary’s gross domestic product grew by 0.7% year-on-year in the fourth quarter of 2025, slightly below market forecasts of a 0.8% expansion but higher than the 0.6% growth in the previous three-month period, preliminary estimates showed. The latest figure also marked the fastest growth since the second quarter of 2024, mainly driven by the combined performances in the services sector, particularly financial, insurance, and trade, as well as the construction industry. However, a slump in industry weighed most on overall growth, with industrial output shrinking almost every month over the past three years, except for a brief expansion in February 2024. On a seasonally adjusted quarterly basis, the economy expanded by 0.2% in Q4 2025, after showing no growth in the prior period. For the whole year of 2025, the economy grew a modest 0.4%, down from 0.5% in the previous year.