MNB Business Confidence Index Climbs in June

Analysis

Image by posztos / Shutterstock.com

The business confidence index of the National Bank of Hungary (MNB) climbed to -8 points in June from -10 points in the previous month, the central bank said on Thursday, according to a report by state news wire MTI.

Businesses' assessment of their current situation improved to -23 points from -28 points.

The gauge of companies' outlooks declined to +7 points from +9 points.

The indicator for companies' propensity to make investments slipped to +24 points from +36 points. The sub-index for making new hires climbed to +5 points from +2 points.

ADVERTISEMENT

Industrial Producer Prices Down 6.8% in January 2024 Figures

Industrial Producer Prices Down 6.8% in January 2024

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

Colette Matz Named New Country President of Novartis Hungary Appointments

Colette Matz Named New Country President of Novartis Hungary

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

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.