Business confidence keeps rising
Business confidence in Hungary continues to improve, state news wire MTI reported, citing a gauge of sentiment calculated by the Institute for Economic and Enterprise Research (GVI) of the Hungarian Chamber of Commerce and Industry (MKIK).
GVIʼs business confidence index rose to 58.2 points in April, up from 55.5 six months earlier, reaching a new peak.
Confidence has been on the increase since late in 2017, supported by improved outlooks, GVI said. The best prospects were reported at foreign-owned businesses, big exporters and companies with more than 50 people on their payroll.
Gauges of the propensity to make building and machinery investments were lower in a number of sectors.
The measure of expectations for order stocks edged down 2 points to 53.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.