In the end of February, the economic sentiment of companies and households improved further

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The population index, interpreted on a scale between minus 100 and plus 100 points, improved from minus 22.4 to minus 20.3, and the value of the company index changed from minus 16.4 to minus 13.0 – he explained the results of the survey on Friday Századvég with MTI. Uncertainty due to the Russian-Ukrainian war, the higher inflationary environment and the economic sanctions determined that the indices remained in the negative range, they added. According to the researcher, a significant improvement in the economic sentiment will be possible when the war ends, inflation moderates significantly after the peak, and the great uncertainty in the energy markets ceases, and permanently low prices develop. It was also highlighted that this month, the public’s expectations point in the direction of a lower inflationary environment.

3 out of 4 sub-indexes of the residential economic index improved compared to the previous month’s value

The most favorable is still the assessment of the employment situation, the value of which rose from the previous month’s minus 4.8 to minus 2.5. Households consider the inflationary processes to be the worst, but the index also improved slightly, from minus 91.6 to minus 88.0. The assessment of the economic environment rose from the previous month’s minus 31.6 points to minus 27.1, while the financial situation worsened, after minus 17.9 to minus 18.1.

In the company survey, the values of all four sub-indexes improved compared to the previous month

The indicator of the economic environment fell from the previous month’s minus 33.0 to minus 23.9, the industry environment from minus 16.9 to minus 8.9, the production environment from minus 9.1 to minus 8.8 re, while that of the business environment improved from minus 26.3 to minus 21.0. The companies expect the biggest improvement in the change of the country’s economic situation, and they are most pessimistic about the development of their sales prices next year. They also pointed out that the business cycle index of agricultural companies improved significantly, from minus 13.91 to minus 6.25, while for industrial companies it went from minus 11.57 to minus 10.1, in the construction industry from minus 12.29 to minus The index changed to 13.09, in trade from minus 16.89 to minus 14.77 and in services from minus 17.77 to minus 13.31 – explained Századvég.

MTI