In May 2025, Hungary's Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) experienced a downturn, indicating growing concerns among Hungarian consumers regarding the economic outlook. The index dropped to 34.05 from April's 34.72, according to the latest update on 15 May 2025. This monthly decline highlights a shift in consumer sentiment as the country's economic challenges continue to unfold.
The PCSI, which measures consumer confidence, considers variables such as personal financial conditions, job security, and economic expectations. With a decrease of 0.67 points, the latest data suggests that Hungarians are increasingly cautious about their financial future, possibly driven by prevailing economic uncertainties.
This trend signals a crucial period for economic policymakers, who may need to address these concerns to revive consumer confidence in Hungary. The month-over-month comparison underscores the pressing need for strategies to stabilize and invigorate the national economy, ensuring that consumer sentiment does not deteriorate further in the coming months.
