IMF Concludes Hungary Mission, Citing Inflation and Fiscal Deficit Concerns

The IMF concluded its 2026 Article IV Mission to Hungary, projecting inflation to remain below the central bank's 3% target this year but rise towards it in 2027. The report highlighted that Hungary's fiscal deficit is expected to exceed Maastricht criteria medium-term, with public debt increasing under current policies. The Hungarian National Bank's (MNB) decision to reduce its inflation target to 2.5% by January 2028 was noted as a step towards euro adoption.