OTP-economic index: SME sector's prospects further deteriorated

OTP Bank’s economic activity index for the small and medium enterprises (SMEs) has decreased to another nadir. The confidence of the SME sector’s managers further reduced – told the OTP Bank and the Policy Agenda to MTI on Wednesday.

After the stagnation of the second and third quarters of last year, in the fourth quarter of 2011, the index decreased significantly by almost 6 percentage points to 42.2 percent – and in the first quarter of this year a further decline occurred, to 39.8 percent – reports MTI.