OTP: when shopping for food, seven out of ten prefer to leave out or reduce certain foods
76 percent of the population between the ages of 18 and 70 saw their spending increase significantly, and 19 percent slightly, while only 4 percent believe that there was no change in their spending, according to OTP Bank’s representative Self-Care Index survey, the summary of which was released on Friday to the MTI- to.
Among household expenses, the change is most noticeable to people in the prices of food, energy and utilities, as well as fuel and transport, but there is also a significant number of those who experience the change in the prices of the catering sector, building materials or even electronic and technical goods. rise.
According to the research, the majority of the population expects further significant price increases in almost all of the examined areas, thanks to which households already started to reduce their consumption last year: eight out of ten people are trying to save on food, three-quarters of people are trying to save on utilities, while 65 percent are trying to save on durable consumer goods. But there is also a very high proportion of those who try to put it aside by reducing visits to entertainment and restaurants (64 percent) or by cutting back on fuel and transportation costs.
Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Another boycott against high-priced stores begins in Croatia
The Croatian Facebook group “Halo, inspektore”, launched by the European…
Read more >Rising food prices: spectacular price increases at the beginning of the year
In the first month of the year, a significant price…
Read more >Related news
MBH Bank: Following January’s inflation data, we are raising our inflation forecast for this year to 4.6%
Following a 4.6% year-on-year price increase in December, consumer prices…
Read more >ESG sustainability is increasingly important for domestic SMEs
Sustainability and corporate governance (ESG: Environmental, Social, Governance) aspects are…
Read more >The high inflation in January is not a Hungarian peculiarity – this is when price increases may slow down
The effects of the price increases at the beginning of…
Read more >