Economic sentiment improved in Hungary and deteriorated in the EU in January

The economic sentiment index of the eurozone and the European Union deteriorated in January, while improved in Hungary and in the Central and Eastern European countries – it the European Commission's economic and financial directorate (Directorate General for Economic and Financial Affairs). announced on Thursday.

In January, the eurozone’s ESI (Economic Sentiment Indicator) indicator declined by 1.7 points to 105.0 points, while the indicator of the European Union index decresed by 1.8 points to 106.7 points.

The eurozone index fell more than analysts' expected in January, the highest rate since last August. Analysts expected 106.4 points for January. (MTI)