Consumer Confidence in Hungary Rockets to Five-Year High
- 15 May 2026 8:11 AM
Consumer confidence in Hungary surged in May to reach a more than five-year high, a monthly gauge by economic research institute GKI shows.
GKI's consumer confidence index climbed 16.1 points in May — a monthly increase unprecedented during the gauge's more than 30 years — to -0.09 point.
The data suggest hopes for the new government's operation and confidence in an economic policy turnaround have "strongly influenced" public opinion, GKI said.
The gauge of consumers' outlook for the economy over the coming twelve months rose by 33.4 points in May.
The measure of the outlook for households' own financial situations increased by 17.6 points and the sub-index for plans to make big-ticket purchases rose by seven points.
Photo: Pixabay.com
Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.
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