Zajímá mne:

Naše nabídka pro

Detail analýzy

18.06.2024 / Erste Group Research

Time to spend or to save? Households‘ situation after inflation shock

In the current post-inflationary period, households within the CEE region are experiencing a resurgence in real income growth. This raises a question: will the additional disposable income be allocated towards increased consumption of goods and services, or will there be a propensity to rebuild the previously diminished savings? In our view, both outcomes are equally likely, yet there are noticeable divergences across the countries within the region.

From our perspective, households in Poland and Slovakia exhibit the strongest inclination towards savings, with Polish consumers additionally displaying a keen interest in making significant purchases. Conversely, Czech households find themselves in the least favorable position, having the slowest catch-up of real wages. The improvement of the financial circumstances of households is contributing to a revival in the real estate and mortgage markets. Nonetheless, it is important to note that for example Czechia and Slovakia are characterized by high levels of per capita indebtedness, which may constrain the potential for further debt accumulation.

PDF Download Stáhnout PDF (1,1MB)

Základní informace

AutorErste Group Research
Název produktuCEE Economies Special Report
Hlavní témaMakro/Úrokové sazby, Směnné kurzy/FX
Zaostřeno na ekonomikuCEE
Zaměřeno na měnu-
Zaměřeno na sektor-

Objednejte si zasílání ...

aktuální analýzy a prognózy zdarma do Vašeho emailu!