Consumer financial situation has significantly deteriorated over the past 12 months in Hungary. More specifically, negative answers outweighed positive answers by over 34 percentage points in July 2023 compared to the corresponding month of the previous year. The financial worth of households per capita in Hungary continuously increased between 2010 and 2021.
Year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023
Characteristic
Net balance of responses in percentage points of total answers
*Refers to total number of respondents surveyed across the European Union (EU-27) during the last period. The source specifies that the sample size for each country varies according to the heterogeneity of their economies and is positively related to their respective population size.
The original question (in English) is posed as follows: "How has the financial situation of your household changed over the last 12 months?"
The data is seasonally adjusted and published as a net balance i.e. the difference between positive and negative answers (in percentage points of total answers).
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Eurostat. (July 28, 2023). Year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/327162/financial-situation-of-consumers-over-the-last-months-in-hungary/
Eurostat. "Year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023." Chart. July 28, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/327162/financial-situation-of-consumers-over-the-last-months-in-hungary/
Eurostat. (2023). Year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/327162/financial-situation-of-consumers-over-the-last-months-in-hungary/
Eurostat. "Year-over-year Change in The Financial Situation of Consumers in Hungary from January 2020 to July 2023." Statista, Statista Inc., 28 Jul 2023, https://www.statista.com/statistics/327162/financial-situation-of-consumers-over-the-last-months-in-hungary/
Eurostat, Year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023 Statista, https://www.statista.com/statistics/327162/financial-situation-of-consumers-over-the-last-months-in-hungary/ (last visited November 23, 2024)
Year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023 [Graph], Eurostat, July 28, 2023. [Online]. Available: https://www.statista.com/statistics/327162/financial-situation-of-consumers-over-the-last-months-in-hungary/