MNB: Households’ assets increased by 524 billion forints in the third quarter
Net financial savings of households (financing capability) amounted to 524 billion forints in the third quarter, which is 4.9 percent of the quarterly GDP, while in the year until September reached 2514 billion forints, 6.2 percent of GDP, according to the data of the Hungarian National Bank published on Monday.
Households’ financial savings increased by 610 billion forints due to transactions, while borrowing amounted to 86 billion forints in the third quarter. (MTI)
Related news
An 11 percent increase in wealth sounds good, but according to Blochamps, it’s only the happiness of a narrow elite
According to Blochamps Capital, the central bank’s recent report is…
Read more >The health fund can also help with starting school
Health and mutual aid funds can also reduce families’ school…
Read more >MNB: central bank launches new tool to help compare banking fees
Based on an agreement between the Hungarian National Bank and…
Read more >Related news
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment”…
Read more >Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is…
Read more >Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >