Business Confidence Index Falls to -12 Points

Analysis

The business confidence index of the National Bank of Hungary (MNB) fell to -12 points in September from -8 points in the previous month, the central bank said in a release on its website last week.

The measure of businesses' assessment of their current situation fell to -26 points from -21 points.

The gauge of companies' outlooks declined to +3 points from +5 points.

The indicator for companies' propensity to make investments slipped to +20 points from +24 points.

The sub-index for making new hires edged down to +2 points from +3 points.

Value of Bank Card Payments Climbs 8% in Q1 Banking

Value of Bank Card Payments Climbs 8% in Q1

Karácsony Submits Motion for Budapest Mayoral Election Repea... Elections

Karácsony Submits Motion for Budapest Mayoral Election Repea...

Creativity and Entrepreneurship – It's Never Too Early to St... Innovation

Creativity and Entrepreneurship – It's Never Too Early to St...

Sziget Festival Returning With a Bang in 2024 In Budapest

Sziget Festival Returning With a Bang in 2024

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.