EY: Hungarians live in emergency mode
In January, EY conducted representative research in 27 countries to assess how consumer habits have changed due to inflation. They pointed out that the current consumer mood is very similar to what was experienced during the outbreak of Covid.
Consumers are characterized by uncertainty and fear of the future: they fear a rise in basic products necessary for life, utility bills, basic household goods, food prices, and fuel prices. But they are also worried about the rising costs of maintaining health. The proportion of those who consider their condition to be worse compared to previous periods has increased. The majority of respondents are worried about their financial situation.
Different social classes all see the current conditions differently. The higher income category evaluates the future more positively than the lower one. At the same time, regardless of income category, people plan to spend more on fresh food and household cleaning products. Less on luxury products, beauty care, alcohol and tobacco products.
Related news
In addition to their wallets, Hungarians are also worried about unexpected expenses
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >EY: Activity increased, yet the value of the Hungarian M&A market decreased significantly
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >GKI: High base rate, low inflation?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
International food prices have risen due to the impact of the Middle East conflict on energy prices
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Every twentieth instant payment is now processed through the Qvik system
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Oat-based “feta” wins the cheese innovation competition of Lidl Germany and ProVeg
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

