In July 2023, Hungarian consumers expected their financial situation to deteriorate over the next 12 months. The number of negative responses exceeded positive responses by 25 percentage points. The inflation rate in Hungary was predicted to surpass five percent in 2024.
Expected 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 do you expect the financial position of your household change over the next 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). Expected year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/327249/financial-situation-of-consumers-over-next-months-in-hungary/
Eurostat. "Expected year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023." Chart. July 28, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/327249/financial-situation-of-consumers-over-next-months-in-hungary/
Eurostat. (2023). Expected year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/327249/financial-situation-of-consumers-over-next-months-in-hungary/
Eurostat. "Expected 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/327249/financial-situation-of-consumers-over-next-months-in-hungary/
Eurostat, Expected year-over-year change in the financial situation of consumers in Hungary from January 2020 to July 2023 Statista, https://www.statista.com/statistics/327249/financial-situation-of-consumers-over-next-months-in-hungary/ (last visited December 21, 2024)
Expected 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/327249/financial-situation-of-consumers-over-next-months-in-hungary/
