The overall business sentiment indicator increased by 1.8 percentage points (p.p.) due to a more favorable business climate in the construction and services sectors. The composite indicator in the services sector improved the most in February, by 5.3 p.p., backed by the more favorable managers' assessments and expectations about the business situation of the enterprises.
In the construction sector, the composite indicator increased by 3.6 p.p. thanks to a more optimistic forecast about the construction activity over the next 3 months, accompanied by certain expectations of additional hiring of personnel. In industry and retail trade the composite indicators remained approximately at their January level.
According to NSI, the uncertain economic environment remains the main obstacle to business development in all sectors.
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.
