Századvég: the war continues to leave its mark on the economy

By: Trademagazin editor Date: 2022. 07. 21. 11:30

Based on the July survey of the Századvég Konjunktúrakutató, the population’s and businesses’ sense of the economic situation both worsened: the population index, interpreted on a scale between minus 100 and plus 100, decreased from minus 14.7 to minus 16.8, and the value of the company indicator decreased from minus 14.0 to minus 19.0.

The population’s and businesses’ sense of the economy has deteriorated

In its Thursday announcement presenting the results of the survey, Századvég emphasized that the drop in indicators is still caused by the uncertainty caused by the Russian-Ukrainian war and economic sanctions, and by the greater volatility experienced on the foreign exchange, money, bond and commodity markets. (MTI)