K&H: the confidence of Hungarian companies decreased slightly

The confidence of the micro, small and medium-sized enterprises (SMEs) has weakened slightly, the K&H SME confidence index reflecting the companies’ expectations for a year now is down by two points, currently standing at a minus one point – MTI told on Wednesday.

According to the Bank’s analysis, the reason for the minimal change is that businesses expect increasing public debts and the rate of perpetrators of the worsening competitive situation is high, while outstanding pre-crisis financial results are expected and the recruitment intent has also strengthened in the sector. (MTI)