Századvég: the war further weakened the sentiment in April

By: Trademagazin editor Date: 2022. 04. 21. 11:32

The sentiment of both households and businesses deteriorated in April: the household index on a scale of minus 100 to plus 100 rose from minus 4.8 to minus 7.5, while the corporate index ranged from minus 5.1 to minus 6.8 – the Századvég Business researcher told MTI on Thursday.

The sentiment of economic activity of the population and businesses has deteriorated in Hungary

According to the announcement, as in the previous month, the Russian-Ukrainian war, the related sanctions and the induced economic effects played a major role in the development of the indicator. However, in contrast to the previous month, not only have the outlook for the future deteriorated, but the perception of the past has deteriorated. A substantial improvement in the economic situation is expected when the war ends and the effects of sanctions end, they wrote.