7% decrease at the Confidence-index
55% of managers expect domestic demand to remain unchanged and 27% expect decreasing demand.
The monthly Ecostat Top-100 index, a gauge of confidence at
Hungary's biggest hundred companies dropped to 95.8% in September from 103.4%
in August, the researcher has reported. Despite the 7.6-ppt drop from the
previous month, the Ecostat staff rather put emphasis on the fact that the
rising trend in the index of large enterprises' short-term economic
expectations has moderated somewhat in the July-September period.
The managers projected annual average inflation of 6.9% in
2007, well under the government's projection of 7.5%. They said they planned to
raise their own prices 1.4% in 2007, far less than the 3.1% reported in the
previous month.
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