Household Financial Situation

In the third quarter of 2018, 13.5 percent of consumers responded their financial situation improved within a year, while 28.3 percent responded their financial situation deteriorated. Moreover, the proportion of respondents reported deterioration has decreased by 6.1 percentage points.

Figure 1.5. Consumer Financial Situation

16.6 percent of consumers found it the right time to purchase durable goods, whereas 12.4 percent of consumers found it the wrong time. A share of respondents finding it the right time to purchase durable goods has decreased by 2.4 percentage points. A share of “don’t know” response has increased sharply.

Figure 1.6. Durable purchase