VOSZ Barometer: business sentiment is worsening again
The results of the VOSZ Barometer for the third quarter of 2024 declined in most parameters, it was revealed at a joint press briefing of the National Association of Entrepreneurs and Employers (VOSZ) and the Equilibrium Institute.
This article is available for reading in Trade magazin 2024/11
Businesses think the biggest risks are the shrinking purchasing power, labour shortages and a backlog of orders. From a business processes perspective it is loss-making operations (27%!), declining purchasing power (18%) and difficulties with business partners (16%) are the main risks. As regards the risk of loss-making operations, Ákos Kozák, director of business relations at the Equilibrium Institute pointed out: this data doesn’t bode well, as it seems that confidence has also been shaken among domestic enterprises, with the consequence that planned business investment is likely to continue to fall short of potential. At 57 % business sentiment is the lowest level ever recorded. //
Related news
Szafi Life sourdough base 1000 g
A gluten-free, citric acid-free and vegan sourdough base that can…
Read more >Twinings special edition winter teas
Twinings will complete the festive mood with special edition winter…
Read more >Related news
On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection…
Read more >BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index…
Read more >GKI: The need for competitiveness reforms in the EU and Hungary’s role in the changes
The European Union faces significant competitive challenges, needing reforms as…
Read more >