Fewer households plan to borrow

Food

Hungarian households' plans to make big purchases were unchanged in the first quarter compared to three months earlier, but fewer intend to take out personal loans to finance purchases, according to a survey by the Hungarian branch of lender Cofidis. The representative survey of 500 people between the ages of 18 and 69 conducted in March showed 34% planned to make big purchases in the next three months, with most of them spending either on home renovation or travelling. Fewer people – 9% – said they wanted to take out a personal loan to finance such purchases.

ADVERTISEMENT

Investment Company Profits up 11% in 2023 Figures

Investment Company Profits up 11% in 2023

Lawmakers to Vote Monday on New President Parliament

Lawmakers to Vote Monday on New President

BYD Holds 1st Customer Delivery Ceremony in Hungary Automotive

BYD Holds 1st Customer Delivery Ceremony in Hungary

Hungarians Prioritizing Travel Over Renovations This Year Tourism

Hungarians Prioritizing Travel Over Renovations This Year

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.