Although the GKI economic sentiment index rose by a larger extent in June than in May, it elimi-nated only a smaller half (44 percent) of its April fall. According to the empirical survey con-ducted by GKI (www.gki.hu) with the support of the EU, the consumer confidence index rose to a greater extent in May and the business confidence one in June. This is mainly due to the fact that industrial expectations started to improve in June after their continuing deterioration in May.
Search for analysis
Related Posts
Others
2023. March 28.
A 0.5 percent decline and 19 percent inflation expected in 2023 – Summary of the March 2023 forecast of GKI Economic Research Co.
Hungary entered a technical recession in 2022, facing serious imbalances, and it became very isolated…
Others
2022. December 12.
The forecast of GKI Economic Research Co. for 2022-2023 (4/2022)
Hungary’s GDP fell by 0.4 per cent in the third quarter of 2022 compared with…