MNB: households became richer with six percent of the GDP last year
In 2018, households increased their savings with 2985 billion HUF and took new loans in a value of 441 billion HUF, ie by increasing their net assets by 2544 billion HUF.
This is equivalent to 6.0 percent of the gross domestic product (GDP). Including interest and yields reaching 44,797 billion HUF at the end of the year, ie it exceeded the amount of the 41,469 billion HUF annual GDP – according to the latest data on the financial accounts of the national economy, available on the website of MNB. (MTI)
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
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >