Consumer expects improved in May
After more than half-year of falling, the seasonally adjusted values of the GKI consumer confidence index has been increased by 4 points in May.
According to the survey supported by the European Union, each component of the index indicates a positive trend compared to April. The biggest improvement is in the most pessimistic percepted threads: The public opinions on the expected economic situation of the country's improved by 6, the public expectations of the evolution of unemployment in the next 12 months improved by 5 points compared to the previous month. Somewhat better – or less pessimistic – the opinion on the own financial situation of the population and the opinions on the ability of short-term savings. There’s a significant decrease in the inflation expectations of the consumers.
Related news
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >