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PUBLICATIONS /   Global Economic Crisis

We hear more and more news of global economy crisis every day. The impact of recession is becoming more and more serious, the number of insolvent firms is steadily rising and record number of people has lost their jobs. We wanted to know how concerned Hungarians are about the crisis, how they feel about the weakness of Hungarian currency, and if they are afraid of losing their job. The survey, in which we interviewed 500 people, was carried out at the end of November 2008. Almost every second respondent is strongly concerned about the crisis - 45 % answered "very much". But three from every ten people said they are not at all interested in it.

Diagram 1.

Half of the respondents said that the weakening of Forint (Hungarian currency) has caused problems for them, 23% answered the opposite. One quarter (27%) of all said they had serious problems because of our devaluated currency.

Diagram 2.

Most Hungarians agree that the crisis endangers several jobs. 77% think that Hungarian jobs are risked, six from every ten said greatly. Very few respondents are not afraid of it.

Diagram 3.

Our last question in this issue was: Does the economic crisis affect your Christmas spending? One third (31%) of the respondents said not at all, half of them (47%) said partly (who chose 2, 3 or 4 from 5). Nevertheless, every fifth (19%) Hungarian seems to have to save money around Christmas too.

Diagram 4.

The country-wide, representative research was carried out at the end of November 2008, 500 people were interviewed. The margin of error at 95% confidence is +/- 4.4%. >> back to the publications