Cash accumulation is slowing down
Cash accumulation of the households has slowed down somewhat last year, due to the decline in savings in foreign currencies – Világgazdaság Online wrote. However, the volume and proportion of account balances is growing steadily.
According to the central bank’s records, at the end of September 2017, the Hungarian population had 4031.8 billion HUF forint and foreign currency cash in Hungary, which was 4.4 percent more than in 2016. (Vg.hu)
Related news
K&H: large programs drive green loans
According to data from the Hungarian National Bank, the total…
Read more >New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that…
Read more >MNB: before a slow turnaround, the commercial real estate market
The lower-than-expected GDP growth has not yet been able to…
Read more >Related news
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >