Nielsen’ Consumer Confidence Index reached its peak in July
According to Nielsen market research company’s usual monthly survey; after the 37 points nadir of March, measured 48 points of consumer confidence, which is the highest result of the year, but it is still short of what be called optimistic.
According to the index; 12 percent believe their personal financial situation will be good in the next twelve months, while only 7 percent in May, and 11 percent in June replied positively. Thirty-eight percent expect their financial outlooks bad, opposed to the 51 percent of March.
Mathematically, the consumer confidence index is between zero and 200 points. Good results usually move between 67 and 133 points.
Related news
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >