PwC: CEO optimism declines, confidence grows

History

A preliminary reading of PwC's annual survey of Hungarian CEOs finds that "fewer CEOs than last year think global economic growth will improve, while they are somewhat more optimistic about their own companies' ability to achieve revenue growth," said Nik Kós, CEO of PwC Hungary.

While the Hungarian CEO report is not yet complete, PwC's 18th Annual Global CEO survey was released today. That survey found a similar trend: Globally, CEOs are less optimistic about growth prospects as compared to the last year. Approximately 37% of CEOs in the worldwide survey said they believe that global economic growth will improve in 2015 – this figure is down from the previous year’s 44%. In fact, 17% of the polled CEOs believe global economic growth will decline more than twice as much as a year ago, to 7%. The remaining 44% expect economic conditions to remain steady.

The final results of PwC's fourth survey of Hungarian CEOs is due out in March, and it is to include the opinions of Hungarian CEOs regarding their expectations, market outlook and biggest concerns regarding growth opportunities for their companies. The survey was conducted in cooperation with the Confederation of Hungarian Employers and Industrialists (MGYOSZ) and the Hungarian Association of Executives (MOSZ).

ADVERTISEMENT

Poles Save on Education as Inflation Puts Pressure, Report Analysis

Poles Save on Education as Inflation Puts Pressure, Report

Gov't Clears HUF 200 bln Aid for SMEs in Energy-Intensive Ma... Government

Gov't Clears HUF 200 bln Aid for SMEs in Energy-Intensive Ma...

Róbert Ésik Joins EY as Partner Appointments

Róbert Ésik Joins EY as Partner

Teachers' Strike Demonstration Attracts Thousands in Capital City

Teachers' Strike Demonstration Attracts Thousands in Capital

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.