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Nielsen: Consumer confidence on the rise in Q1

Analysis

Hungary’s consumer confidence was up slightly in the first quarter of the year, according to market research company Nielsen. Nielsenʼs recorded a increase in the consumer confidence index of 3 points from last quarter, bringing Hungary to 57 points in Q1.

The percentage of Hungarians who anticipate that their financial positions will improve in the next twelve months grew 1 percentage point to 23% in Q1 as compared to the previous quarter.

The share of those who see job prospects as favorable in the next twelve months rose from 11% to 13% in the last quarter.

According to Nielsen itʼs European and global confidence indices both rose 1 percentage point, to 97 and 77, respectively.

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