In June, the GKI economic index rose slightly
According to a survey conducted by GKI Gazdaságkutátó – with the support of the EU – the business sector became more optimistic in June, but the prospects of the population did not change significantly compared to May. The GKI economic index rose by 2 points. The employment intentions of the companies did not change much, their price increase plans – after the significant fall in May – rose slightly. The predictability of the business environment did not change compared to the previous month.
The summary indicator of corporate and residential prospects, the GKI economic index, rose by 2 points in June compared to the previous month. The GKI business confidence index, the indicator expressing the prospects of the entrepreneurial sector, has been fluctuating in a narrow range since last July. The index did not break out of this in June either, although compared to the previous month it rose significantly by 3 points. In the current month, a markedly favorable change occurred only among industrial companies (a 4-point increase), the prospects of business service providers improved within a margin of error. Expectations in trade and construction worsened slightly (the confidence indices of these sectors produced a 3-point drop each). The most pessimistic signals continue to come from the construction industry. In industry, the assessment of self-produced stocks and the order book, as well as the expected production outlook for the next three months, also improved. In the construction industry, the assessment of the order book deteriorated strongly, while employment expectations did not change. In trade, satisfaction with the course of business in the previous three months did not change essentially, but the assessment of stocks and expected orders in the next three months also became less favorable. In the service sector, business performance and employment plans for the next three months improved slightly, while turnover expectations did not change.
Related news
“Road to economic neutrality” – Eastern or Western opening?
An important element of the government’s economic strategy and communication…
Read more >EXIM has so far disbursed around HUF 1,000 billion in the Gábor Baross loan program
EXIM Hungary has already disbursed 84 percent, HUF 1,011 billion,…
Read more >MNB: the establishment of Revolut’s subsidiary bank in Hungary would be reassuring
By the end of the summer, Revolut had 1.5 million…
Read more >Related news
“Road to economic neutrality” – Eastern or Western opening?
An important element of the government’s economic strategy and communication…
Read more >The distributor of Rama and Flora margarines has changed its name
The domestic distributor of the well-known and popular Rama, Flora,…
Read more >Henkel Hungary also set out the pink ribbon this year
The “Pink October” campaign started last year continues. The movement…
Read more >