Hungary's booming wedding market doused by soaring inflation

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Hungary is now projected to run the European Union's highest average inflation rate at 16.4% in 2023, driving up the cost of nuptials.

is taking the steam out of Hungary’s wedding market, supercharged in recent years by Prime Minister Viktor Orban’s lavish family support measures, with the number of weddings plunging to a nine-year-low at the start of 2023.

The impact was so strong that sociologists say Hungary was the only country in the world where the number of weddings did not fall during the COVID-19 pandemic in 2020. Livia Murinko, a senior research fellow at the Hungarian Demographic Research Institute, says high inflation has contributed to a fall in the number of weddings after the boom years fueled largely by all the related government handouts.

Others are scaling back their wedding plans or even scrapping receptions altogether. Stunned by the costs, many couples do not even respond to emailed quotes, service providers say.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 4. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

FDCP opens call for Filipino producers, audiovisual companies for Cannes Marché du Film 2023The Film Development Council of the Philippines announced that they would be selecting Filipino producers who will be included in the Producers Network, which will happen from May 17 to May 22 in Cannes, France. | HMallorcaINQ
مصدر: inquirerdotnet - 🏆 3. / 86 اقرأ أكثر »