GKI’s economic confidence index approaches a record level again
In November GKI’s economic confidence index neared its historic peak of September. In the business sphere the industry was the only segment where the confidence index didn’t rise. Willingness to invest in the next year is greater than it was this year. After the stagnation in October, the confidence index increased a little in November and approached the former record; the same is true for the services sector.
However, employment expectations worsened in every sector – with the exception of services – and people are also a bit more afraid of losing their job. Every sector intends to increase prices and consumers calculate with inflation. In November businesses opined that the economic situation was better than in October, but consumers thought that it was a bit worse. GKI’s consumer confidence index dropped a little in November (about as much as it elevated in October). //
Attila Udvardi
research leader
GKI
Related news
VIMOSZ: optimism in the tourism sector
Persisting optimism characterizes the Hungarian tourism sector, the players of…
Read more >20 years of Hungary in the EU: how has the forint exchange rate changed?
On May 1, 2004, ten new states joined the European…
Read more >In June, the GKI economic index rose slightly
According to a survey conducted by GKI Gazdaságkutátó – with…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >