"Hungarian households aren't spending their income, they're saving it," the ministry said in a release on its website.
Since the start of 2022, Hungarian households' gross financial worth has risen by more than HUF 22.5 trillion and now stands over HUF 102 tln, it added.
Last year, Hungarian households' interest revenue, relative to GDP, reached 4%, the highest rate in the EU, thanks in large part to subscriptions of retail government securities, the ministry said.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
