The scale of the increase is 3 percentage points over the SMEsʼ projection at the beginning of the year.

SMEs see their profits climbing 5.1%, compared to just 3.5% early in the year. Microbusinesses were the most optimistic about their prospects for revenue and profit increases.

K&H conducts a survey of SMEs to gauge confidence in the sector on a quarterly basis, teaming up with market research company GfK Hungária.