Domestic household financial assets rose 1.4%

Figures

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At the end of the first quarter, domestic households had a record amount of almost HUF 77.545 trillion in financial assets, an increase of more than HUF 1 trillion, or 1.4%, compared to December 2021, according to preliminary data posted on the website of the National Bank of Hungary (MNB).

In an annual comparison, the stock of household financial assets increased by more than HUF 6.8 tln, or more than 9.6%.

Extra revenue from state benefits, such as personal income tax rebates, played an important role in the dynamic quarterly and annual growth of savings, in addition to various investments and ownership shares.

One-off income of nearly HUF 600 billion came from families with children.

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