Hungary: Business confidence survey
* indicates monthly or quarterly data series
The most recent value is -7.5 points as of April 2024, a decline compared to the previous value of -5.4 points. Historically, the average for Hungary from January 1996 to April 2024 is -2.93 points. The minimum of -37.4 points was recorded in March 2009, while the maximum of 17.3 points was reached in July 2018.
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* indicates monthly or quarterly data series
- Measure: points
- Source: GKI Economic Research Institute
| Recent values | Hungary: Business confidence survey |
|---|---|
| 2024 Apr | -7.5 |
| 2024 Mar | -5.4 |
| 2024 Feb | -8.6 |
| 2024 Jan | -8 |
| 2023 Dec | -6.9 |
| 2023 Nov | -7.8 |
| 2023 Oct | -10.5 |
| 2023 Sep | 9 |
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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | -6.40 | 9/2023 | percent |
| Retail sales | 96.50 | 9/2023 | index points |
| Retail sales Y-on-Y | -7.12 | 9/2023 | percent |
| House price index | 290.90 | Q3/2023 | index points |
| Real residential property prices Y-on-Y change | -10.17 | Q3/2023 | percent |
| Business confidence survey | 9.00 | 9/2023 | points |
| Consumer confidence survey | -34.20 | 9/2023 | points |