Goodby optimism!
The population was more pessimistic about the economic environment at the end of 2007, than at the historical bottom in 2006.
Seventy seven percent of the respondents saw deteriorating conditions, while only 3% perceived improvement. However, unemployment became less of a problem in the past 18 months. Projections for next year's inflation decreased in the first half of 2007, and then with the growing of inflation started to increase again. Rate of those, who are planning to apply for a loan stagnated. Fewer people in the worst economic situation planned to apply for loans, but more did among the richer. The amount of people trying to save money increased, but the amount of savings did not exceed 15% of household incomes. Urge to shop decreased as well: only 18% of the households planned to buy expensive consumer durables, representing the lowest rate since 2002.
Related news
Related news
KSH: retail turnover in August exceeded the same period of the previous year by 2.4 percent and the previous month by 0.8 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: purchasing power is increasing, retail trade is expanding – family tax cuts and food vouchers for pensioners are further strengthening turnover
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >K&H Analyst Commentary: There is still room for expansion in Hungarian stores
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >