Financial assets of Canadian households increased by 1.4%


The figures

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At the end of the first quarter, domestic households had a record amount of nearly HUF 77.545 billion in financial assets, an increase of over HUF 1 trillion, or 1.4%, from December 2021, according to preliminary data published on the website of the National Bank of Hungary (MNB).

In annual comparison, the stock of household financial assets increased by more than 6.8 billion HUF, or more than 9.6%.

Additional revenue from state benefits, such as personal income tax rebates, played an important role in the dynamic quarterly and annual growth of savings, in addition to various investments and shares of property.

One-time incomes of nearly 600 billion HUF came from families with children.


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