Geopolitics Alpha

Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit

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Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit

Hungary’s GDP grew 1.5% year-on-year in the Q3 2026, supported by industry and services, while drought-hit agriculture held back the expansion, according to a first estimate from the Central Statistical Office (KSH).

Directly affected

  • No company is named in this report.

Indirectly affected

  • PHO Invesco Water Resources ETF

    Invesco Water Resources ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story.

  • CGW Invesco S&P Global Water Index ETF

    Invesco S&P Global Water Index ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story.

  • EEM iShares MSCI Emerging Markets ETF-0.3% 30d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“hungary”).

  • AWK American Water Works+4.0% 30d

    American Water Works (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.

  • XYL Xylem-14.1% 6d

    Xylem (pumps and pumping equipment): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.

  • ECL Ecolab+12.2% 30d

    Ecolab (soap, detergents, cleang preparations, perfumes, cosmetics): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.

  • AWR American States Water

    American States Water (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PHO-2.01%-1.74%baseafter closeafter closeafter closeafter close
CGWNo price data for this ticker———————
EEMNo price data for this ticker———————
AWK-1.84%-3.15%baseafter closeafter closeafter closeafter close
XYLNo price data for this ticker———————
ECLNo price data for this ticker———————
AWRNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit BBJ - Budapest Business Journal

Source: BBJ - Budapest Business Journal

The price since 31 Oct 2026: Invesco Exchange Traded Fd T (PHO) versus the S&P 500

CompanyWhenMoveStatus
American Water Works (AWK)three days earlier-3.15%final price
American Water Works (AWK)five days earlier-1.84%final price
Invesco Exchange Traded Fd T (PHO)three days earlier-1.74%final price
Invesco Exchange Traded Fd T (PHO)five days earlier-2.01%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Invesco Exchange Traded Fd T (PHO)

Companies tied to this story

  • PHO Invesco Exchange Traded Fd T

    For “Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit,” Invesco Exchange Traded Fd T (PHO) is linked, with no stored direction, medium confidence. Reason on file: Invesco Water Resources ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story

  • CGW Invesco Exch Traded Fd Tr Ii

    For “Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit,” Invesco Exch Traded Fd Tr Ii (CGW) is linked, with no stored direction, medium confidence. Reason on file: Invesco S&P Global Water Index ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story

  • EEM Ishares Tr

    In “Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“hungary”)

  • AWK American Water Works

    For “Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit,” American Water Works (AWK) is linked, with no stored direction, medium confidence. Reason on file: American Water Works (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story

  • XYL Xylem

    For “Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit,” Xylem (XYL) is linked, with no stored direction, medium confidence. Reason on file: Xylem (pumps and pumping equipment): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story

  • ECL Ecolab

    Ecolab (ECL) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit.” Reason on file: Ecolab (soap, detergents, cleang preparations, perfumes, cosmetics): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story

  • AWR American States Water

    American States Water (AWR) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit.” Reason on file: American States Water (water supply): water utilities and equipment firms gain when water supply is in focus. Linked by “drought” (water) in this story

Invesco Exchange Traded Fd T (PHO)

“Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit” (31 Oct 2026) reaches Invesco Exchange Traded Fd T (PHO) through this story.

Invesco Exchange Traded Fd T (PHO) is on the page because Invesco Water Resources ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story

A second company, Invesco Exch Traded Fd Tr Ii (CGW), is listed for a different reason: Invesco S&P Global Water Index ETF: it holds water utilities and equipment makers. Linked by “drought” (water) in this story

Dates in the story, and the Invesco Exchange Traded Fd T (PHO) price range

EEM traded between 65.24 and 69.22 across 19 sessions. The latest close on file is 65.76.

A simple score for Invesco Exchange Traded Fd T (PHO)

46 out of 100

“Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.