Business Sentiment Improves, Chamber Survey hows

Economy

The business confidence index of the Hungarian Chamber of Commerce and Industry’s (MKIK) Economic Research Institute (GVI) rose to -6 points in July from -18 a quarter earlier, MKIK GVI said.

The index dropped into negative territory in the previous quarter for the first time since the survey’s launch in 2010. The quarterly confidence index rose 7 points to 5 among commercial businesses, was up by 3 points at 2 in the construction sector and increased 15 points to -6 among companies providing business services. In the manufacturing sector, the index rose 14 points to -9.

hungarymatters.hu

pixabay

Leave a Reply

Your email address will not be published. Required fields are marked *