Business confidence slips, consumer confidence improves slightly in April


GKIʼs combined gauge of consumer and business confidence stood at -3.9 points in April, down from -2.8 points in the previous month.

The business confidence index fell to 2.2 points from 4.6 points as sentiment deteriorated in all sectors except commerce.  

Industrial companiesʼ assessment worsened in terms of output in the previous period, order stock, including export orders, as well as prospects for the coming months.  

Construction companiesʼ views of their output in the previous period worsened but their assessment of order stock was more positive.  

Trade companiesʼ assessment of their selling position deteriorated while they were more positive about inventories and prospective orders.

Companies in the service sector gave more negative views of business in general but more positive turnover expectations.  

The consumer confidence index rose to -21.1 points in April from -23.8 points in March. Householdsʼ outlook concerning their financial position improved though their expectations of their ability to put away savings worsened.  

The seasonally-adjusted GKI index is supported with European Union funding.


Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Breast cancer screening at Dr. Rose Private Hospital Interview

Breast cancer screening at Dr. Rose Private Hospital

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.