The business sentiment component of the VOSZ Barometer dropped five percentage points from the previous quarter to 58%, Kozák said on Tuesday.
Just 22% of VOSZ members expect to hire new staff. Approximately 26% of the association’s members plan investments.
Around 61% adjusted their prices to account for inflation during the quarter, according to the index.
The survey covered approximately 600 small and medium-sized enterprises in Hungary, including 400 VOSZ members.
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