GfK Hungaria and Corvinus University’s consumer confidence index measured 146.1 points in Q4, little changed from 146.4 points in Q3, GfK told MTI on Thursday.
The index bottomed out at 114.5 points in March 2009.
The consumer expectations index fell to 176.1 in Q4 from 180.4 in Q3, but remained at a high level.
The index that gauges propensity to make purchases rose 4.3 points to 112.8.
Most households expect unemployment to rise further, while one-fourth see it stagnating and 10pc expect a fall in the rate.
Inflation expectations were unchanged, with respondents saying they see consumer prices rising 7.9pc in the next twelve months. (Analysts say CPI could fall under the National Bank of Hungary’s 3pc “price stability” target by the middle of 2010.)
About 55pc of households expect falling real wages in the next 1-2 years.
About 63pc of households said they were worse off than a year earlier and their financial positions would only get worse.
Almost half said it was a good time to invest in a home, but one-third said they would not take out a loan. One-third also said the cost of borrowing would grow in the coming twelve months.
A little more than one-fourth of respondents said they had no savings.
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