Although GKI’s economic sentiment index rose in May compared to April, it still did not reach its March level. Business expectations also remained worse than in March, despite an improvement in May. Consumer expectations deteriorated in May compared to April. However, according to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, both businesses and households were less pessimistic than last autumn’s low. In May, perceptions of the employment situation continued to improve among both companies and households, while intentions to raise prices stopped.
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