Cetelem: Hungarian consumers are pessimistic, but they are planning despite pessimism
The Hungarian customers are among the pessimistic customers in Europe, but this is not supported by market trends, as according to the central bank’s figures, last year, 60 percent more personal loans were used by customers than a year earlier, and this suggests that people are planning despite pessimism and start to realize their ideas – the survey of the Hungarian Cetelem Bank (MCB) revealed.
According to the data of Cetelem’s panorama of 2017, which was described by MCB to MTI; while the Europeans’ being has been the best now in the past ten years, the Hungarians are judging their country’s situation and their individual prospects more pessimistic than the average. At the same time, 36 percent of Hungarian consumers expect to improve their personal situation over the next two years, compared to the 32 percent in the continent. (MTI)
Related news
Grocery Stores In Denmark Face DKK 1bn Hit From Weight Loss Medications, Study Finds
Danish grocery stores risk losing up to DKK 1.2 billion…
Read more >NRF: Back-to-school shopping kicked off early this year
Concerns about potential price hikes due to tariffs have jumpstarted…
Read more >60% of German retailers advertise on social media
Social media is playing a big role in online retail…
Read more >Related news
Lidl Switzerland Sees ‘Record’ Growth In Cheese Exports In 2024
Lidl Switzerland saw record cheese export growth in 2024, marking…
Read more >Non-alc beer brand Heaps Normal gets Robbie Williams backing
The brand’s “core range” is being rolled out across “select…
Read more >Arla Foods invests in Bahrain cheese production expansion
The dairy group expects the investment to boost the Bahrain…
Read more >