Private consumption growth is stimulating the economy

By: trademagazin Date: 2016. 08. 26. 11:40

The public's attitude is changing to the situation of the Hungarian economy, which has a positive effect on economic growth – Németh Dávid, senior analyst of K&H toldd M1 news channel on Saturday.

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He explained: the Hungarians are no longer afraid of losing their jobs; and save less from their rising wages, compared to a few years ago, and this helps the Hungarian economy not only increase due to the favorable external environment, but household consumption also expands growth. (MTI)

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