The domestic market has a key importance to large companies
The domestic large companies’ profitability depends on mainly the domestic demand while the decisive public burdens are no longer affect the companies sensitively. The forint’s exchange rate fluctuations and inflation, on the other hand, have an increasing impact on their profitability, according to the latest data of the K&H Growth Growth Index.
According to K&H, “Although the domestic demand has always been a top priority for domestic non-state companies, its importance has been considerably appreciated over the past year and a half. Currently, nearly two-thirds of the business decision-makers (63 percent) believe that domestic buyers are the most important for the company’s profitability” – said Patrick Van Overloop, leader of K&H’s Business Clients Division.
Related news
Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >