The business confidence index was unchanged at -16.5.
Outlooks were shaped by uncertainty amid the drawn out war in Ukraine and the impact of sanctions, Századvég said.
A significant improvement in expectations could happen if the war ends, inflation stabilizes within the central bank’s target range, the interest rate environment becomes more favorable, the European economy strengthens, and permanently low prices develop on energy markets.
Among consumers, assessments of their financial situation improved while the employment, the economic environment, and the inflation perception subindices deteriorated.
Among businesses, assessments of the business environment and the economic environment improved, but that of the production and sectoral environment slipped.
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