External economic factors, mainly the downturn in Germany's automotive industry, are weighing on Hungary's economic performance, National Economy Minister Marton Nagy said at an event organised by Vilaggazdasag newspaper and cited by MTI.

• He said GDP growth could climb to around 3pc with a pickup in consumption, but an increase in investments would also be needed in the long term. He acknowledged that the top end of the government's 3-6pc growth target was "very ambitious."
• Nagy added that the 2025 budget draft assumed GDP growth of 3.4pc.