The index is currently at 12 points, which is not a significant change from pre-coronavirus expectations.

“According to an interim survey at the start of the epidemic, the expectations of SMEs were severely shaken by the emergency; despite this, the current results show that they have regained their faith relatively quickly and are generally optimistic about the year ahead,” said Roland Kökény, marketing manager of the K&H SME segment.

He added that although the negative economic situation caused by the epidemic has significantly worsened expectations for investments and employee salaries, companies also expect a reduction in public charges and interest rates on corporate loans in the coming year, the economics website notes.