The mood of Hungarian households is deteriorating



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In October, the population perceived the development of its own financial situation as worse than in September. The fear of unemployment dropped dramatically in April compared to April, but has accelerated since then. The public’s perception of their own future savings capacity slightly improved in October. The assessment of the future situation of the Hungarian economy covered almost three-quarters of its decline in April in August, but this proportion fell to 50% in October. Consumer inflation expectations strengthened in October, while people felt the opportunity to buy high-value consumer durables was improving.

Cover image: Getty Images



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