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SME managers put revenue growth under 4%

Managers of Hungarian SMEs expect revenue to climb just 3.8% in the coming twelve months, according to a survey by K&H Bank, down from 6.4% a year earlier.

K&H Bank's survey of 500 SMEs shows most of the managers see revenue climbing between 0 and 6%. About 27% expect revenue growth to outpace inflation, but 23% project revenue will fall. The most pessimistic managers were at businesses that generate annual revenue of HUF 100-300 million.