The Optimism in the Hungarian Economy that Lasted for Six Months Has Been Shattered
5 Articles
5 Articles
In August, consumer and business sentiment also deteriorated slightly, and the GKI business climate index, a summary indicator of expectations, fell.
The GKI business climate index fell by 4 points in August, while the consumer confidence index also fell by nearly 4 points. The post Economic optimism in Hungary has been shattered first appeared on 24.hu.
After six months of improving sentiment, optimism in the Hungarian economy has taken a turn for the worse: a survey conducted in August by GKI Economic Research Ltd. – according to the European Commission’s methodology – shows that both consumers and businesses have become more pessimistic. The GKI business climate index, which summarizes business and household expectations in a weighted manner, fell by 4 points, breaking the upward trend that h…
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