Business confidence improved significantly in the SME sector

Business confidence improved significantly in the small and medium-sized enterprises (SMEs) sector, compared to the previous quarter – the MKIK Institute for Economic Research and Enterprise Research (GVI) told MTI.

According to the survey, based on the July data, the SME Panorama Growth Survey rose from 18 points of April to 24 points, thus breaking the deteriorating trend since January 2017.

The rise in the growth rate is mainly due to the fact that businesses consider their business situation, better as well as their order stock than in April. (MTI)