GKI’s economic sentiment index hardly changed in September

The business confidence index is already in the negative range for the second month, i.e. there are more pessimistic than pessimistic companies

In the case of consumer expectations, this continued in September, whereas the business confidence index slightly increased, although it was noticeably be-low its July level. According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, consumers were more pessimistic now than they were in the spring of 2020, during the panic caused by the Covid pandemic. The business confi-dence index has been in the negative range for the second month, that is, there were more pessimistic companies than optimistic ones.

You can download the report from here.