Do large companies already see the light at the end of the tunnel?

Large firms in Hungary can soon leave their pessimism behind. After hitting a nadir last year, K&H’s corporate growth index has been rising for the second quarter in a row, moving from -10 to -6 points in Q1 2023. It is the good mood of companies with a sales revenue above HUF 10bn that we find behind this trend. Gábor Rajna, the head of K&H’s business banking division told: the corporate subindex climbed from -6 to -2 point, nearing the positive range, but the macro subindex is still at -19 points, showing great pessimism for the whole of the economy. At the moment, only those companies are in a non-negative mood which have an annual turnover above HUF 10bn. //

This article is available for reading in Trade magazin 2023/5