SMEs More Pessimistic

Analysis

Small- and medium-sized enterprises have become more pessimistic, according to the results of GVI's October business cycle survey, writes business daily Világgazdaság. 

In the fall of 2023, small companies see the future more darkly than larger enterprises. At the same time, the indicator essentially rose from the lowest value since the start of the survey in 1998, minus 25 points in April 2020, to the value before the outbreak of the coronavirus epidemic (it stood at plus 40 points in October 2019). 

However, in the second half of 2022, there was again a substantial decrease, which was partially offset by an increase in the spring of 2023. 

Despite the current decline, the value of the indicator is still significantly higher compared to the same period of the previous year.

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