Listen to the audio version of this article (generated by AI).
Listen to the audio version of this article (generated by AI).
GKI’s consumer confidence index climbed 16.1 points in May — a monthly increase unprecedented during the gauge’s more than 30 years — to -0.09 point.
The data suggest hopes for the new government’s operation and confidence in an economic policy turnaround have “strongly influenced” public opinion, GKI said.
The gauge of consumers’ outlook for the economy over the coming twelve months rose by 33.4 points in May.
The measure of the outlook for households’ own financial situations increased by 17.6 points and the sub-index for plans to make big-ticket purchases rose by seven points.
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.
