Trademagazin > News and articles > Market News > Central and Eastern European households – the situation improves slowly
Central and Eastern European households – the situation improves slowly
The Central and Eastern European households were characterized by steady growth of income for many years. The recent decline in consumer confidence and purchasing habits can be observed, according to UniCredit Group CEE Banking Division.
In the current situation, the growth rate of the household borrowings are expected to improve slowly. The credit quality remains a major challenge.
The households will have difficulties in 2010 also, and this will lasts until the recovery of the economy – reports Világgazdaság Online.
Related news
More related news >
Related news
Annual inflation in the OECD slowed to 4.2 percent in March
The average annual increase in consumer prices in the member…
Read more >New environmental fines: companies will now have to dig deeper into their pockets
From May 2025, companies will be subject to significant fines…
Read more >Hygiene without compromises
According to Viktor Hegedűs, senior brand and shopper activation manager…
Read more >