The GKI consumer confidence index plummeted in April
Surprisingly, the GKI economic sentiment index dropped hardly in March, business expecta-tions worsened slightly, and consumer ones remained unchanged. This is obviously due to the fact that the survey, conducted by GKI (www.gki.hu) with the support of the EU, was con-ducted at the usual time, between March 1 and 8 for consumers and between March 5 and 13 for businesses, before the coronavirus emergency announced on March 11. However, for the first time in six and a half years, business expectations became again negative, meaning that slightly more companies expected the future to be worse than good. On the other hand, the assessment of the Hungarian economy’s prospects plummeted similarly as they did in October 2008. More…
Related news
GKI is more pessimistic than the government about growth, inflation and public finances
GKI hasn’t changed its 2-2.5% growth forecast for 2024. However,…
Read more >GKI article in the EU: 20 years of change
Are we falling behind the Visegrád countries, or are we…
Read more >The economic index of GKI decreased in April
According to a survey conducted by GKI Gazdaságkutató – with…
Read more >Related news
Conad Adriatico’s expansion in Albania
Italy’s Conad Adriatico continues its expansion in Albania, opening a…
Read more >KSH: Consumer prices increased by 3.7 percent on average in April compared to the same month of the previous year
In April of this year, consumer prices were on average…
Read more >MNB: fuel and food accelerated inflation in April
The annual consumer price index rose by 0.1 percentage point…
Read more >