Report Published: "Consumer Lifestyles in Hungary"
Consumers in Hungary are dealing with a wide range of economic and financial issues, including a weakening economy, increasing personal debt repayments, high VAT rates, rising inflation and a tight job market. Added to the equation is a government which has been largely ineffective to date addressing the country's economic problems. Not surprisingly, confidence in their financial future is low among Hungarians and most are continuing to attempt to cut back on household spending.
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