More optimistic firms

By: Trademagazin editor Date: 2023. 07. 14. 12:02

Gábor Rajna, the head of K&H’s business banking division told our magazine: companies had to face many difficulties in the previous years, but their optimism is definitely growing now.

This article is available for reading in Trade magazin 2023/6-7.

In the last two quarters both SMEs and large businesses had better expectations, following the nadir of Q3 in 2022. Dávid Németh, senior analyst of K&H added that there is still great inflationary pressure, and it is unlikely that we will have a single-digit inflation before the end of the year. This means that retail sales are likely to drop for an extended period. //