Domestic Businesses Surprisingly Optimistic in Q1

Analysis

Domestic businesses were in a surprisingly optimistic mood in the first quarter, which may be because they did not have a bad year in 2022 compared to the circumstances, according to the new barometer launched by the National Association of Entrepreneurs (Vosz), which it will publish quarterly, writes the business daily Világgazdaság. 

Ákos Kozák, the director responsible for business relations of the Equilibrium Institute and co-founder of the non-profit organization, said that in the coming quarters, the index would probably produce roller-coaster movements; for now, in the first quarter, the mood among the businesses surveyed was more optimistic. 

Accordingly, the index stands at 61 points on a scale of 100. The financial situation sub-index stands at 74, the business sentiment sub-index at 62, and the willingness to invest sub-index at 49 points.

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