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Hungarians Prioritize Housing Over Consumption

The Hungarian economy could grow by 2 per cent this year, a downward revision from the 4 per cent forecast at the end of last year. This adjustment is attributed to the population’s caution in spending, which is only gradually…

Survey Highlights Increased Financial Confidence and Savings among Hungarians

Analysts found that 23.5 per cent of Hungarians now have some money left in their pockets at the end of the month, compared to 19.7 per cent a year earlier. One in three Hungarians managed to save some amount monthly,…

Reduction in Gas and Electricity Consumption in Hungary in 2023

Approximately 8.5 billion cubic metres of gas was used, indicating a decrease of 1 billion cubic metres, or 10.9 per cent, compared to the 2022 level, and a substantial 2.5 billion cubic metres, or 23 per cent, reduction compared to…

Measures Increase Interest toward Government Bonds

The Ministry of Economic Development said in a statement that the increased demand for government bonds has both directly and indirectly improved the government’s self-financing capability, reduced government interest expenditures, and managed to preserve the real value of citizens’ savings….

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