Ecostat TOP-100 index drops 2% in June
Ecostat's TOP-100 index, which measures the confidence of Hungary's 100 biggest companies, fell 2 percentage points to 51% in June from May and was unchanged from a year ago.
The economic research firm said on Monday that optimism had toned down on expectations of a bigger budget deficit and unfavorable monetary developments. Optimism over the growth outlook for the second half of the year also moderated, Ecostat said.
ADVERTISEMENT
POPIHN Raises Forecast for Fuel Consumption
Hungarian Lawmakers Ratify Finland's NATO Accession
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.
