Analysts found that 23.5 per cent of Hungarians now have some money left in their pockets at the end of the month, compared to 19.7 per cent a year earlier. One in three Hungarians managed to save some amount monthly, although the overall proportion has decreased by 0.2 per cent compared to the previous year.
The base interest rate has been cut for the third consecutive time, something that has not happened since 2020. These developments will greatly help eople who are looking to take out a mortgage, a business loan, or invest some money in stocks listed on the Budapest Stock Exchange.
Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.