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Confidence at big companies, SMEs continues to worsen in January

Sentiment at Hungary's biggest companies as well as at SMEs continued to worsen in January as they anticipated the global economic and financial crisis would be long and wide-reaching, Ecostat's latest measure of confidence reveals.

Ecostat's TOP-100 measure of confidence at Hungary's biggest hundred companies slipped to 57% in January, the lowest level in a year and a half. The SME confidence index dropped 15.5 percentage points to 62% in January from the previous month. (MTI – Econews)