Consumer Confidence in Hungary increased to -18.30 points in May from -24.50 points in April of 2021. source: GKI Economic Research Co.

Consumer Confidence in Hungary averaged -30.80 points from 1993 until 2021, reaching an all time high of 0.50 points in August of 2002 and a record low of -72.30 points in April of 2009. This page provides - Hungary Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Consumer Confidence - values, historical data and charts - was last updated on June of 2021.

Consumer Confidence in Hungary is expected to be -14.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Hungary to stand at -5.00 in 12 months time. In the long-term, the Hungary Consumer Confidence is projected to trend around -6.00 points in 2022 and -4.00 points in 2023, according to our econometric models.

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Hungary Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-18.30 -24.50 0.50 -72.30 1993 - 2021 points Monthly

Hungary Consumer Last Previous Highest Lowest Unit
Consumer Confidence -18.30 -24.50 0.50 -72.30 points [+]
Retail Sales MoM -1.00 0.80 6.80 -13.20 percent [+]
Retail Sales YoY 10.60 -2.10 17.10 -43.00 percent [+]
Consumer Spending 5787437.00 6208227.00 6466130.00 3560190.00 HUF Million [+]
Personal Savings 11.07 12.68 17.90 6.73 percent [+]
Private Sector Credit 8447.50 8326.70 8746.70 235.80 HUF Billion [+]
Bank Lending Rate 1.85 1.85 14.25 0.90 percent [+]
Households Debt To GDP 21.00 20.50 40.70 3.90 percent of GDP [+]
Households Debt To Income 33.31 32.23 66.35 9.57 percent [+]
Consumer Credit 1033.27 1017.55 1033.27 323.54 HUF Billion [+]
Gasoline Prices 1.50 1.42 1.90 0.72 USD/Liter [+]

Hungary Consumer Confidence
In Hungary, GKI Economic Research consumer confidence index measures the level of optimism that consumers have about the performance of the economy. The consumer confidence index is calculated from responses given to questions concerning the actual and the expected financial position of households, the actual and the expected economic situation of the country, and the purchase of higher value consumer durables.