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Hungarian household spending on consumption falls in 2012

Food

Hungarian households’ spending on consumption fell 2.1%, adjusted for the effect of inflation, to a monthly HUF 65,790 (€220) per member last year, state news agency MTI reported citing preliminary data from the Central Statistical Office. In real terms, spending on food edged down 0.6%, spending on housing and energy fell 1.3%, spending on clothing dropped 7.2%. Spending on transport fell 0.7% in real terms and spending on telecom services dropped 2.5%. Spending on alcohol and tobacco fell the most, dropping 8.1%. The only item recording a rise, of 1.0% in real terms, was health. As a proportion of total spending per household member, expenditures on housing and energy came to 27.1% and spending on food accounted for 24.6%. Transport spending made up 11.1% of the total, and telecom made up 6.6%, the Budapest-based statistics agency said.

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