MNB: household savings are growing slower

The financial savings of households steadily decreased in recent quarters: in the third quarter amounted to 201 billion HUF, which is 2.2 percent of the quarterly GDP.

In the previous quarter this amount was 468 billion HUF (5.4 percent of the quarterly GDP), while in the first quarter it was 442 billion HUF (5.7 of the quarterly GDP) – according to the Hungarian National Bank’s (MNB) report that was published on Thursday. (MTI)