Hungary: general economic perception monthly 2023

Negative responses about the general economic situation over the past 12 months outweighed positive responses by nearly 64 percentage points among Hungarian consumers as of July 2023. Future financial situation of consumers was also expected to deteriorate over the next year.

Year-over-year change in the consumer perception of general economic situation in Hungary from January 2020 to July 2023

Characteristic	Net balance of responses in percentage points of total answers*
Jul 2023	-63.5%
Jun 2023	-62.7%
May 2023	-67.9%
Apr 2023	-62.1%
Mar 2023	-67.1%
Feb 2023	-72.4%
Jan 2023	-76.8%
Dec 2022	-75.5%
Nov 2022	-73.9%
Oct 2022	-73.4%
Sep 2022	-70.4%
Aug 2022	-65.6%
Jul 2022	-64%
Jun 2022	-58.9%
May 2022	-48.1%
Apr 2022	-44.8%
Mar 2022	-36.9%
Feb 2022	-35.3%
Jan 2022	-39.2%
Dec 2021	-41.6%
Nov 2021	-40.2%
Oct 2021	-35.4%
Sep 2021	-44.7%
Aug 2021	-47.6%
Jul 2021	-50.5%
Jun 2021	-48.2%
May 2021	-64.8%
Apr 2021	-50%
Mar 2021	-41.9%
Feb 2021	-43.9%
Jan 2021	-59.1%
Dec 2020	-43.3%
Nov 2020	-37.2%
Oct 2020	-42.5%
Sep 2020	-36%
Aug 2020	-35.9%
Jul 2020	-54.3%
Jun 2020	-54.6%
May 2020	-42.7%
Apr 2020	-29.5%
Mar 2020	-6.6%
Feb 2020	-11.9%
Jan 2020	-11.5%

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Release date

July 2023

More information

Region

Hungary

Survey time period

January 2020 to July 2023

Number of respondents

32,000*

Special properties

consumers

Supplementary notes

*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 think the general economic situation in the country has changed over the past 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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