SME confidence stagnates, survey shows

Analysis

SME confidence has changed little in the past year, a fresh gauge of sentiment by Policy Agenda and OTP Bank shows.

Policy Agency and OTP Bank's SME confidence index was 42.2% for the fourth quarter, just under the 43.4% in the previous quarter, but level with the measure in Q4 2011.

In the latest survey, SME managers grew more pessimistic with regard to expectations for their own businesses as well as the economy as a whole.

About 60% of respondents at the 800 companies said the situation of the Hungarian economy would worsen in the coming six months, up from 56% in the previous quarter.

The percentage of managers who expect the situation of the their own businesses to worsen rose to 53% in Q4 from 44% in Q3.

ADVERTISEMENT

Czech economic confidence weakens in July Analysis

Czech economic confidence weakens in July

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.