Although pessimism declined further in June, it remained very strong
Although the GKI economic sentiment index rose by a larger extent in June than in May, it elimi-nated only a smaller half (44 percent) of its April fall.
According to the empirical survey con-ducted by GKI (www.gki.hu) with the support of the EU, the consumer confidence index rose to a greater extent in May and the business confidence one in June. This is mainly due to the fact that industrial expectations started to improve in June after their continuing deterioration in May.
Related news
GKI economic sentiment index declines in May, inflation expectations improve
According to a survey conducted by GKI Economic Research Zrt.…
Read more >GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. –…
Read more >Related news
Valeo Foods Group buys Italian panettone maker Melegatti 1894
The acquisition is the second Valeo Foods Group has announced…
Read more >Croatia’s Studenac Obtains €300m Financing Package
Croatian retailer Studenac has secured €300 million in funding to…
Read more >This is how Hungarians eat lunch – we are still a meat-eating nation
A recent domestic study revealed how Hungarian food culture has…
Read more >