Business confidence improving, new MNB index shows
MNB building in Budapest.
Image by posztos / Shutterstock.com
A monthly gauge of confidence in the business sector the National Bank of Hungary (MNB) launched last December shows improving sentiment, according to a report by state news wire MTI.
The index stood at -2 points in March, up from -14 points in December
The measure of businesses' assessment of the current situation climbed to -21 points in March from -32 points in December.
The gauge of their expectations rose to 18 points from 4 points during the period.
The measure of big companies' assessments of the current situation rose to 9 points in March from -28 points in December. The same measure for small businesses edged up to -29 points from -30 points during the period.
Big companies were using 97% of capacity in March, while small companies were using 87% and microbusinesses were using 70%.
Between 1,400 and 2,400 companies have participated in the MNB's monthly surveys.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
