Business expectations have been deteriorating for seven months

In July, the GKI economic sentiment index fell to a low level not seen for two and a half years as both the business and consumer confidence indices declined. According to the empirical survey conducted by GKI (www.gki.hu) with the support of the EU, the busi-ness confidence index has been steadily falling for seven months and it is currently at its level recorded at the beginning of 2017. Although the consumer confidence index is slightly more favourable than in recent months; its deterioration is most striking if we compare it to the period around the parliamentary elections in the spring of 2018. How-ever, the Hungarian economy is still characterized by optimism.

You can download the report from here.

You can download the survey data in Excel 2007 format from here.

You can reach the archive of survey summaries here.