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The income level for a meagre living has increased by 30 thousand forints since April

Although we are spending less in the shops and inflation is not abating, according to the June 2023 poll by the Equilibrium Institute, Hungarian society has not become more pessimistic about its financial opportunities since the last similar survey in the spring. At the same time, the average Hungarian’s income needed to make ends meet has risen from 220,000 HUF (€570) net to 250,000 HUF (€650) net over the past three months, and the number of those who cannot afford the financial conditions needed for an average life has increased by 4 percentage points.

Read the full report here.