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Large regional differences in Hungary’s household spending

Large regional differences in Hungary’s household spending

Budapest (MTI) – Households in central Hungary, including Budapest, spent about 50 percent more on consumption in the first half of the year than households in the underdeveloped northeast of the country, data compiled by the Central Statistical Office (KSH) showed.

A fresh KSH report shows household expenditures on consumption in central Hungary averaged 89,055 forints (EUR 286) per capita per month in January-June, more than 50 percent over the 58,155 forints in the Northern Great Plains region.

For the country as a whole, household expenditures on consumption came to an average of 72,214 forints a month in the first half. Spending on food and soft drinks was the biggest item, accounting for 26.7 percent of the total. Second was spending on home maintenance — which includes actual and imputed rent — and household energy, accounting for 22.8 percent.

Spending on transportation made up 11.1 percent of the total, telecommunications spending accounted for 6.6 percent and spending on culture and entertainment for 5.1 percent.

Source: http://mtva.hu/hu/hungary-matters

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