The solvency of Hungarians may slowly return to pre-war levels

In the last quarter of 2023 the solvency of Hungarians continued to increase, following the annual trend – according to research by Intrum and GKI.

This article is available for reading in Trade magazin 2024/2-3

The Intrum Solvency Index (IFI) stood at 6.51 points in the first quarter, 11.06 in the second and 12.99 in the third. In the fourth quarter the index reached 18.5 points, up 40% compared to 2022. In comparison with the low point of recent years, the fourth quarter of 2022, the index is more than seven times higher, so the financial strength of household seems to slowly approach the pre-war levels. //