MNB: Hungarian households increased their savings with 5.9 percent of last year’s GDP
Hungarian households increased their savings by 2500 billion HUF, equivalent to 5.9 percent of GDP in 2018, of which 735 billion HUF was realized in the fourth quarter, which is 6.3 percent of the quarterly GDP – according to preliminary data of the Hungarian National Bank announced on Monday.
Households’ net financial assets, in addition to financial transactions, increased by 1462 billion HUF, of which 236 billion HUF in the fourth quarter, reaching 44,730 billion HUF for the end of the year, which is 9.9 percent increase year-on-year. (MTI)
Related news
MONEY.HU: Hungarians are optimistic about their financial situation
According to the latest quarterly population survey of the Magyar…
Read more >MNB vice president: there is no green transition without central banks
The energy transition is one of the world’s greatest challenges…
Read more >K&H: What happened to the HUF? What would be needed in Hungary and what can be expected in Europe?
Despite the weakening of the forint seen in recent days,…
Read more >Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >