Péter Szijjártó: We are only months away from a dramatic increase in Hungarian GDP

The minister said that giant automotive and battery factories will soon start operating, which will boost the economy.

According to data from the Central Statistical Office (KSH), the Hungarian economy performed less favorably than previously expected in the first quarter of 2025. According to the Foreign Minister, a solution to this could be that BMW and CATL production will begin soon, and that the construction of BYD and Mercedes factories is also progressing at full speed.

Péter Szijjártó revealed what could cause the Hungarian GDP to grow so dramatically - According to the latest data, the economy is currently clearly stagnating.

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Hungarian GDP is about to shoot up, Péter Szijjártó reacted to the fact that GDP developed worse than expected in the first quarter: it fell by 0.4 percent on an annual basis, compared to the previous quarter by 0.2 percent. The foreign minister was asked about the economic outlook at a joint press conference with the Turkish energy minister, before Szijjártó stated: “Production of BMW and CATL will start soon, and the construction of BYD and Me…

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