The corporate sector on a uniform basis of trust

The K&H large corporate growth index shows no significant shift compared to the previous quarter: similarly to the previous quarter, it now stands at -3 points. Although the upward trend measured since the middle of last year is now expected to continue, the stagnation implies a kind of healthy wait-and-see attitude on the part of company managers. The macroeconomic subindex currently stands at -14 points; The slight decline in the indicator does not mean a decline, but indicates that the improvement of recent quarters has entered a stabilization phase. In parallel, the corporate sub-index, which includes microeconomic factors, strengthened to 1 point, which reflects a small but definitely positive shift compared to the fourth quarter of 2025.

Although the main index is currently showing signs of stagnation, the slight improvement in the corporate sub-index suggests that decision-makers are now focusing on optimizing internal processes and efficiency after the previous growth phase, while trying to adapt to the challenges of the current international economic environment to the best of their ability. This period can help with conscious preparation, which can lay the foundation for future sustainable development”

– Tibor Bodor, Head of K&H’s Corporate Division, commented on the data.

The research divides large companies into three segments based on annual revenue: those with HUF 2-4 billion, HUF 4-10 billion, and HUF 10 billion or more. The current picture shows that expectations are independent of company size: the largest are at -4 points, and the companies in the other two categories are at -3 points – each value is stagnant with minimal correction. This sector-level agreement also proves that market players – regardless of size – judge the economic environment similarly. The combination of expectations also shows a kind of common equilibrium, which can serve as a stable starting point for the next period planning.

The differences between sectors and regions have also blurred when it comes to expectations for the next year: players in industry, trade and the service sector are planning similarly – almost regardless of geographical location. The cross-sectoral agreement can also give reason for optimism regarding future opportunities.