PwC: CEO optimism declines, confidence grows

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A preliminary reading of PwC's annual survey of Hungarian CEOs finds that "fewer CEOs than last year think global economic growth will improve, while they are somewhat more optimistic about their own companies' ability to achieve revenue growth," said Nik Kós, CEO of PwC Hungary.

While the Hungarian CEO report is not yet complete, PwC's 18th Annual Global CEO survey was released today. That survey found a similar trend: Globally, CEOs are less optimistic about growth prospects as compared to the last year. Approximately 37% of CEOs in the worldwide survey said they believe that global economic growth will improve in 2015 – this figure is down from the previous year’s 44%. In fact, 17% of the polled CEOs believe global economic growth will decline more than twice as much as a year ago, to 7%. The remaining 44% expect economic conditions to remain steady.

The final results of PwC's fourth survey of Hungarian CEOs is due out in March, and it is to include the opinions of Hungarian CEOs regarding their expectations, market outlook and biggest concerns regarding growth opportunities for their companies. The survey was conducted in cooperation with the Confederation of Hungarian Employers and Industrialists (MGYOSZ) and the Hungarian Association of Executives (MOSZ).

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