Hungary has become the EU's poorest country in household welfare, with consumption at 72% of the EU average, according to Eurostat data. While Hungary's GDP exceeds some lower-income EU nations, its economic output isn't translating into improved living standards for families. Factors like low wages and high inflation contribute to this decline.
That Economic Times article cites a Kyiv Insider article, but doesn’t link it, which I consider terrible journalism.
Here’s the link: https://kyivinsider.com/orbans-hungary-is-now-officially-the-poorest-nation-in-the-eu/