Consumer confidence at six-year high, says Nielsen

Analysis

pixabay

Consumer confidence rose in the third quarter to its strongest level in six years, a gauge by market researcher Nielsen shows today, according to Hungarian news agency MTI.

Nielsenʼs consumer confidence index rose 7 points to 64 from the previous quarter, Nielsen said. The index thus reached its highest level since 2010. 

The percentage of Hungarians who said the outlook for their own financial position has improved rose to 24% in Q3, up from less than 19% in Q2.

The percentage that communicated a propensity to make purchases rose from 17% to 23% quarter-to-quarter.

About 19% said the outlook for employment was good, up four percentage points.

ADVERTISEMENT

14,890 new COVID cases registered in Hungary Figures

14,890 new COVID cases registered in Hungary

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

Most employees want exit interviews HR

Most employees want exit interviews

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

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.