The Hungarian purchasing power is far below the EU average
Based on the consumption datas, a German household living twice as well as a Hungarian – turns out from Eurostat’s statistics. The real personal consumption is closely related to the GDP per capita. On the basis of this only the Bulgarians, Romanians and Croats live worse than us – portfolio.hu wrote.
Last year, compared to the EU average, individual consumption is between 49 and 138 percent, in the Member Countries. (Actual Individual Consumption, AIC) The purchasing power parity datas clearly show that in households in richer countries, spending options are considerably higher than in countries with less developed economies. The greatest wealth is in Luxembourg, where EU average of more than 38 percent higher than the actual consumption. (portfolio.hu)
Related news
Related news
Viktor Orbán presented the four points of the Hungarian economic strategy
Prime Minister Viktor Orbán outlined the four key pillars of…
Read more >A turnaround in the economy can already be observed in eight areas
Nagy Márton kiemelte, a magyar gazdaságban rövid távon a legnagyobb…
Read more >January was surprisingly good for retail
Compared to the weak end of the year, retail sales…
Read more >