Central European financial managers are significantly more optimistic, according to the Deloitte survey

By: Trademagazin Date: 2024. 04. 09. 12:37

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.