Trademagazin > News and articles > Market News > Nielsen’s consumer confidence index is on its three-year peak
Nielsen’s consumer confidence index is on its three-year peak
Nielsen’s consumer confidence index has reached a three-year record high level in Hungary. During the last, fourth quarter survey, Nielsen’s consumer confidence index increased by another 6 points compared to the third quarter to 51 points.
However, this is still below the European average, which declined from 74 points to 73 point, in a quarterly comparison. In connection to the positive trend, that can be experienced in Hungary, it is remarkable that the index became lower in seventeen out of the examined thirty-one European countries.
Related news
More related news >
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >