According to Péter Szabó, CEO of Magyar Cetelem Bank, households expect an outstanding increase in food and building materials prices.
Some 65% of those surveyed felt that they were negatively affected by inflation, with 15% particularly strongly affected, and only 5% said they did not feel much impact.
The research found that the vast majority of respondents, roughly 80%, plan to spend less to cushion the effects of inflation, primarily carving out spending on food and hygiene products.
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