Consumer Confidence in Hungary decreased to -34.20 points in October from -31.10 points in September of 2020. source: GKI Economic Research Co.

Consumer Confidence in Hungary averaged -30.80 points from 1993 until 2020, 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 November of 2020.

Consumer Confidence in Hungary is expected to be -35.00 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 -17.00 in 12 months time. In the long-term, the Hungary Consumer Confidence is projected to trend around -20.00 points in 2021 and -12.00 points in 2022, according to our econometric models.

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Hungary Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-34.20 -31.10 0.50 -72.30 1993 - 2020 points Monthly

Hungary Consumer Last Previous Highest Lowest Unit
Consumer Confidence -34.20 -31.10 0.50 -72.30 points [+]
Retail Sales MoM 1.00 1.30 5.70 -13.20 percent [+]
Retail Sales YoY -2.00 -0.80 17.10 -43.00 percent [+]
Consumer Spending 5531051.00 6020012.00 6424457.00 3587538.00 HUF Million [+]
Personal Savings 11.58 11.38 17.90 6.73 percent [+]
Private Sector Credit 7867.60 7753.10 8746.70 235.80 HUF Billion [+]
Bank Lending Rate 1.85 1.85 14.25 0.90 percent [+]
Households Debt To GDP 19.00 18.70 40.70 3.90 percent of GDP [+]
Households Debt To Income 33.31 32.23 66.35 9.57 percent [+]
Consumer Credit 972.38 959.69 972.38 323.54 HUF Billion [+]
Gasoline Prices 1.17 1.21 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.