K&H: Domestic SMEs cannot exploit inflation
The financial expectations of domestic businesses for the year ahead have fallen significantly, according to the results of K&H’s research among SMEs. The companies expect an average increase in sales revenue of 8.3 percent and 3.3 percent in profit, which is well below the level of the price increase.

The retail turnover is growing less and less from month to month
Compared to the previous quarters, domestic companies expect lower sales growth. According to the latest results of the K&H SME confidence index research, which examines the expectations of micro, small and medium-sized enterprises for the next year, they expect an average annual sales increase of 8.3 percent, which falls short of the 12.1 percent expected in the previous quarter. With the exception of the 2008 crisis, there has never been an example of such a decline in one quarter in the history of the index.
“The expected sales growth trend of more than 10 percent typical of the past year has come to an end. This is presumably due to the fact that SMEs are already expecting a decrease in turnover due to the ever-higher inflation. According to the MNB’s latest forecast, the rate of annual inflation this year could be 13.5-14.5 percent, which could significantly reduce the growth of SMEs in real terms, while the retail turnover is growing less and less every month”.
– said Zoltán Rammacher, head of K&H SME marketing and sales support.
Related news
K&H: the momentum of the service sector somewhat offsets the stagnation of industry
“The GKI’s newly published business climate index has decreased by…
Read more >This is how artificial intelligence became part of everyday life
Artificial intelligence (AI) has become an almost invisible part of…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Related news
Chicken is getting more expensive, eggs are getting more expensive – this is what awaits Hungarian consumers now
A significant price increase has taken place on the domestic…
Read more >2025 brought an unpredictable season to the stone fruit market
The 2025 stone fruit season is characterised by contrasting trends…
Read more >Top 10 Places for the Best Cottage Cheese Dumplings in Hungary
There’s a dish that transcends generations, evoking both the nostalgia…
Read more >