MNB: 3.5 percent increase in households’ monetary assets
Households’ net financial savings increased by 432 billion HUF, or 3.5 percent of GDP, in the third quarter. Financial assets increased by 719 billion HUF and liabilities by 287 billion HUF – the Magyar Nemzeti Bank (MNB) reported on the basis of preliminary financial account data.
At the end of September, households’ financial assets reached 63,804 billion HUF, 134.7 percent of GDP, and liabilities amounted to 11,131 billion HUF, or 23.5 percent of GDP, so their net financial assets accounted for 111.2 percent of GDP, 52,674 billion billion forints. (MTI)
Related news
MNB: both inflation and core inflation were in the middle of the central bank’s March forecast band
Both inflation and core inflation were in the middle of…
Read more >
MNB: instant payment goes to a new level
From April 1, all domestic consumers and businesses can complete…
Read more >
MNB: Hungary’s competitiveness in the EU ranking has deteriorated
Hungary’s competitiveness fell two places in 2023 compared to the…
Read more >
More related news >
Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >
Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed…
Read more >
UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in…
Read more >
