In April, GKI’s economic sentiment index jumped to its level in spring 2019, well before the COVID crisis. This level has only been reached in one month since the crisis, in October 2021. According to the empirical survey conducted by GKI Economic Research Co. (www.gki.hu) with the support of the EU, economic expectations improved in all sectors and among consumers as well. In April, the concerns following the Russian attack on Ukraine almost disappeared, and these concerns were almost only echoed by the declining, but still high, pessimism about the future of the Hungarian economy.
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