Consumers can spend less for Christmas this year
The effect of inflation can be felt, that is, it is clear: the monthly income is no longer enough for Christmas – it is clear from the report of ATV Híradó, in which Balázs Várkonyi, the chairman of the board of directors of eMAG, learns the lessons of this year’s Black Friday, which allows us to infer the Christmas traffic as well.
“This year, people are buying more consciously, choosing cheaper products, and saving energy has become an important aspect. This year’s Black Friday can best be compared to last season, from which it can be assumed that Christmas will also be similar to last year’s there are items that are losers and sell little, and there are items that are winners, such as energy-saving or utility-reducing ones, which can potentially lower the electricity or gas bill in the household.”
Várkonyi told ATV.
Related news
Retail is growing stronger: where and how much do Hungarians earn and spend?
Hungarian retail is gradually strengthening, but according to the data,…
Read more >Bank360: The population saved rather than spent before Christmas
Before the holidays, household bank accounts and securities accounts were…
Read more >We spent nearly one hundred thousand forints on food during the holiday season
Christmas preparations determined the turnover of the Kifli.hu online supermarket…
Read more >Related news
MBH Bank: Following January’s inflation data, we are raising our inflation forecast for this year to 4.6%
Following a 4.6% year-on-year price increase in December, consumer prices…
Read more >ESG sustainability is increasingly important for domestic SMEs
Sustainability and corporate governance (ESG: Environmental, Social, Governance) aspects are…
Read more >The high inflation in January is not a Hungarian peculiarity – this is when price increases may slow down
The effects of the price increases at the beginning of…
Read more >