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18th December, 2018

24% rise in bank card purchases

The value of purchases made by bank cards in the first nine months was up 24% year-on-year to Ft 3.9 trillion, according to data from the central bank.

In the third quarter alone purchases were 23% higher at Ft 1.4 trillion.

The nine-month figure translates into a daily spending of Ft 12 billion, Napi adds.

The average value of purchases made by bank cards was Ft 7,000 in the third quarter.

The average was higher for conventional cards and smaller for contactless cards.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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