We spent seventeen thousand billion last year
In 2016, the consumption spending of families rose by 5 percent faster than in-store purchases. The 17 thousand billion HUF spendings roughly correspond to the level of the spendings of ten years ago, when there was small decline – blokkk.com wrote.
In 2016, the families spent a total of 17 billion HUF for consumption, which represents a 5 percent increase, compared to the previous year (retail store purchasing is part of this amount as well). Real earnings (per capita) increased by more than 7 percent in 2016. (blokkk.com)
Related news
K&H Analyst Commentary: Hungarian wages continue to slow down
Based on the current outlook, net real wages may increase…
Read more >EU forecast: moderate growth expected despite global economic uncertainty
Despite heightened global political uncertainty and trade tensions, the European…
Read more >NGM is satisfied with the increase in retail turnover Visszajelzés küldése Oldalsó panelek Előzmények Mentve Fordítási találatok állnak rendelkezésre
The March slowdown in retail sales is merely a temporary,…
Read more >Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >Cautious optimism in tourism: the economy improved in May, but the sector is still in the red
In May 2025, Hungarian tourism businesses reported a slight improvement…
Read more >