Hungarians Budget HUF 100,000 for Winter Holidays

Retail

Hungarians plan to spend around HUF 100,000 over the holidays this year, including HUF 47,500 on gifts, news agency MTI reports, citing a survey commissioned by consumer credit company Cofidis.

Around 35% of Hungarians plan to spend less over the holidays this year, while 18% don't plan any Christmas expenditures.

The survey shows Hungarians now spend around HUF 142,000 on food each month, HUF 30,000 more than when the survey was last conducted three months earlier. 

Around four-fifths of Hungarians said they would need around HUF 200,000 more a month to "live comfortably".  

NRC Marketingkutató es Tanácsadó conducted the representative survey of 500 internet users between the ages of 18 and 69.

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1 Figures

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Job Fair and Career Prep at Corvinus Starts Tomorrow HR

Job Fair and Career Prep at Corvinus Starts Tomorrow

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

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.