SME sentiment improving
The impact of the coronavirus epidemic on Hungarian SMEs seems to be diminishing, as they definitely have more positive expectations for the year ahead than during the epidemic, according to the latest data from the K&H SME Confidence Index survey, writes novekedes.hu.
The index is currently at 12 points, which is not a significant change from pre-coronavirus expectations.
“According to an interim survey at the start of the epidemic, the expectations of SMEs were severely shaken by the emergency; despite this, the current results show that they have regained their faith relatively quickly and are generally optimistic about the year ahead,” said Roland Kökény, marketing manager of the K&H SME segment.
He added that although the negative economic situation caused by the epidemic has significantly worsened expectations for investments and employee salaries, companies also expect a reduction in public charges and interest rates on corporate loans in the coming year, the economics website notes.
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.