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Nielsen: Consumer confidence down in Q2

Analysis

Nielsen’s consumer confidence index for Hungary saw a slight decline of 2 points to 55 in the second quarter as compared to the previous quarter, research company Nielsen, which compiles the index, said today in a report based on their survey.

Of the participants surveyed, 17% said that prices and their financial opportunities were adequate – this figure was also down 2 percentage points in Q2 as compared to Q1.

The percentage of Hungarians who expect their financial positions to improve in the coming twelve months fell 1 percentage point to 22%.

Respondents who considered their job prospects favorable for the next twelve months was unchanged at 13%.

Nielsen, however, noted that its European confidence index rose by 2 points to 79 and the global index fell by 1 percentage point to 96.

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