Households' assessments of their own financial positions worsened in February and fewer said they could make savings. But their outlook for the economy as a whole improved. Fear of unemployment eased. Fewer households planned to make big-ticket purchases.
GKI's consumer confidence index bottomed out at -49.8 points in April, when the country went into pandemic lockdown. It recovered as far as -26.9 points by July, but started to decline again ahead of the second wave.
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.
