Industrial companiesʼ assessment of output in the recent period improved, but the production outlook worsened. Companies were more optimistic about export orders, but had unchanged views of the overall order stock, according to the research institute.
The measure of confidence in the construction sector reached an almost 19-year peak on improved outlooks for both the building and civil engineering segments.
Sentiment among commercial companies improved minimally as assessments of sales positions deteriorated slightly, while those of inventories improved and assessments of orders were unchanged.
The service sector confidence index slightly improved.
The consumer confidence index rose from -12.4 points to -11.5 points. Concerns over unemployment have reached the lowest level since 1998, GKI said.
GKI Economic Research Co.ʼs measures of consumer and business confidence are supported by European Union funding.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
