Central European financial managers are significantly more optimistic, according to the Deloitte survey
According to a recent Deloitte survey, Central European financial managers are much more optimistic than a year ago. The survey, which sought the opinions of more than five hundred financial managers in the Central European region, showed that the CFO Confidence (Trust) Index rose significantly from the year 2023, which indicates a positive change in the business environment.
Compared to the previous year, the assessment of the current economic situation has improved, and financial managers of companies are more optimistic about business prospects. In the region, an average GDP growth of 1.1 percent is expected this year, which shows a significant improvement compared to the previous year.
In Hungary, financial managers expect GDP growth of between 1.6-2.5 percent, and they do not expect a significant rise in unemployment either. They are more optimistic about inflation, as most of them expect further moderation.
The survey also showed that CEOs of Central European companies still expect labor costs to rise, and that geopolitical tensions and regulatory actions remain a risk for them.
Related news
In the United States, producer prices rose more than expected in June
The US producer price index rose more than analysts had…
Read more >Annual inflation slowed in France in June
In France, the annual consumer price increase decreased to 2.2…
Read more >One-fifth of Hungarians aren’t careful enough when shopping online
Nearly three quarters of Hungarians regularly shop and pay online…
Read more >Related news
Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >