Business Confidence Improves Slightly In Q1

  • 30 May 2016 9:00 AM
Business Confidence Improves Slightly In Q1
Business confidence improved slightly in the first quarter from the previous one, a gauge of sentiment by the Hungarian Chamber of Commerce and Industry’s (MKIK) Economy and Business Research Institute (GVI) shows. GVI’s business confidence index edged up a single point to 33 from January to April.

The uncertainty indicator fell two points to 35, but gauges of profitability at present and in the coming months, as well as business outlook and capacity usage expectations improved.

The indices gauge sentiment on a scale of -100 points to 100 points.

Source: www.hungarymatters.hu
Republished with permission of Hungary Matters, MTI’s daily newsletter.

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