The biggest are the most optimist
Ecostat TOP-100 index of business-activity rose to 103.4% in August, which meant a 3% rise compared to July's results.
The index of business activity measured 80.4 % last August. Calculations
therefore clearly show the positive trend of corporate expectations regarding
business activities in Hungary. Only 8% of the TOP-100 corporations were
expecting a cyclical-downswing in August. In the next six month 25% of
corporate companies are anticipating the increase of their stock holdings while
70% of them predict that their stocks will remain steady, which signals a
tendency of favorable marketing opportunities. Optimism among these large
companies can be contributed to the achievements of the government's
convergence program and to encouraging perspectives in world economy.
Related news
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >The new consumer protection authority will strive to ensure market balance
The National Trade and Consumer Protection Authority (NKFH), which will…
Read more >