MKIK GVI: businesses have become more pessimistic

By: Trademagazin editor Date: 2022. 05. 17. 11:22

Business confidence fell in April, compared to October last year: the economic index stood at +31 points in the fourth month of the year, compared with +38 in the previous survey, the Institute of Economic and Business Research (GVI), founded by the Hungarian Chamber of Commerce and Industry (MKIK), said on Tuesday .

Business confidence decreased

The communication recalled that the lowest value since the survey began in 1998 was measured in April 2020, when the indicator was minus 25 points.

The value of the uncertainty index increased in April, compared to October last year, currently standing at 53 points, which indicates that the assessment of the situation of Hungarian companies is still polarized, they noted. (MTI)