GKIʼs consumer confidence index climbed 11.3 points in May, rose 5.7 points in June and 5.9 in July, making up for 61pc of its plunge in April, the month when a stay-at-home order to contain the spread of the coronavirus was in place.

Households were slightly less pessimistic about their own financial situation and the state of the national economy. 

Peopleʼs assessments of their ability to make savings suggest that Hungarians consider the current situation a temporary one rather than permanent.