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Household spending in Hungary climbs almost a quarter in 2000-2008

Expenditures of Hungarian households came to HUF 750,309 per capita in 2008, 23.5% over the level in 2000, adjusted for inflation, a summary by the Central Statistical Office (KSH) shows.

Per capital spending by households on food and non-alcoholic drinks came to HUF 177,475 in 2008, or 23.7% of total expenditures, 5.5 percentage points less than in 2000. Spending on food at unchanged prices fell 8.2% from 2000.

Spending on spirits and tobacco came to HUF 24,548 in 2008, down slightly from 2000 in real terms. Spending on products in the group accounted for 3.3% of total household expenditures.

Members of households spent HUF 29,293 on clothing and footwear in 2008, down 3% from the previous year in real terms. Spending in the segment accounted for 3.9% of all household expenditures, down 1.9 percentage points from 2000.

Per capita spending by households on utilities, came to HUF 167,389 in 2008, accounting for 22.3% of total expenditures, up from 18.5% in 2000. Utilities prices nearly tripled during the period.

Spending on healthcare was HUF 33,000 per household member in 2008, or 4.4% of total expenditures, practically unchanged from the previous year, although spending rose 28.4% at unchanged prices from 2000, boosted by a 53% increase on drug expenditures.

Spending on transportation and delivery services rose 63% if adjusted for inflation in 2000-2008, boosted by more spending on vehicles as the number of households with cars climbed to 56 in a hundred from 39.

Spending on telecommunications reached HUF 49,533 in 2008, about two-and-a-half times more than in 2000. This spending accounted for 6.6% of total household expenditures in 2008.

Spending on leisure and cultural activities rose 52.6% at unchanged prices to HUF 56,749 in 2000-2008, accounting for 7.6% of total expenditures.

Spending on education reached HUF 5,927 in 2008, twice the amount in 2000.

Spending at restaurants and hotels climbed 23.3% in 2000-2008 to account for about 3.5% of total household expenditures. (MTI – Econews)