GKI: This year's business expectations are in nadir in July
Compared to the April peak, the business and consumer confidence expectations have deteriorated in July.
However, the reduction of the GKI-Erste sentiment index was due to the significant drop in the business confidence index.
Within the business sphere, the expectations of all sectors – excluding construction industry – have declined in July, compared to the previous month. The business confidence index fell from 5.4 points to 1.4 points, so overall, more companies expect improvement than a deterioration. GKI’s survey was carried out with the support of the European Union. (MTI)
Related news
Related news
Provident: A growing number of Hungarians are finding it challenging to survive on their income
An increasing number of Hungarians are facing a challenge to…
Read more >GKI Analysis: Artificial Intelligence in the Workplace: Who Uses AI?
Artificial Intelligence in the Workplace: Who Uses AI? In July,…
Read more >The domestic labor market remains stable
The domestic labor market remains stable, with the number of…
Read more >