ADVERTISEMENT

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.

ADVERTISEMENT

Romania's GDP growth slows in Q2 Analysis

Romania's GDP growth slows in Q2

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.