Financial assets of Canadian households increased by 1.4%

0

The figures

Image from Shutterstock.com

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.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing decent journalism is an expensive business. For 27 years, the editors, editors and reporters of Budapest Business Journal have strived to bring you business news that works, information you can trust, that is factual, accurate and presented without fear or favour.

News organizations around the world are struggling to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ​​involving their most important stakeholders, their readers.

We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support the BBJ button and you’ll be able to choose how much and how often you send us your contributions.

Share.

Comments are closed.