GKI: the prosperity index is on its three-year peak in May

Its relatively modest increase in May led GKI’s prosperity index to a three-year peak. The increase is mainly due to service companies whose optimism pulled our prosperity index to a level has not seen for eighteen years – the GKI Economic Research Co. told MTI.

When calculating the prosperity index, the research firm takes the expectations of the industry, commerce in the construction sector, the service sector into account within the business sphere as well as the expectations of the public.

According to the survey carried out with support from the European Union, the prosperity index grew from 0.5 points to 1.7 points in April, the business confidence index rose from 6.4 points to 7.9 points, and the consumer confidence index improved from minus 16.4 to minus 16.1 points in May. (MTI)