Hungarian Parliament building

Hungary Economic Sentiment November 2019

Hungary: Economic sentiment rebounds in November

The GKI economic sentiment index, a composite indicator, rose to 2.8 in November from minus 0.7 in October, which had marked the worst reading in nearly two-and-a-half years. November’s reading was underpinned by a marked jump in business confidence.

Consumer sentiment improved somewhat in November, after having deteriorated markedly in October. The index rose to minus 9.2 in November from minus 9.8 in October. Households’ expectations for the year ahead improved somewhat, while they also assessed their future ability to save more favorably.

Meanwhile, business confidence jumped to 7.0 in November from 2.5 in October. November’s rise largely reflected improved confidence in the industrial and, to some extent, services sector, while sentiment in the construction and trade sectors remained stable.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest