Trademagazin > News and articles > Market News > The foreign currency rescue package can cause a moderate consumption growth
The foreign currency rescue package can cause a moderate consumption growth
The last week announced foreign currency rescue package of the Government and the Banking Association can result the remaining of more money for consumption for a wide range of people, but it will mean additional burdens for others.
According to the of Portfolio.hu; the resultant of the two effects is moderately positive on private consumption, but is not expected to be sufficient to prevent the shrinkage of next year's consumption – reports portfolio.hu.
Related news
More related news >
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >