Hungarian Parliament building

Hungary Economic Sentiment December 2020

Hungary: Economic sentiment strengthens at year end

The GKI economic sentiment index, a composite indicator, rose to minus 19.7 in December from minus 23.7 in November. December’s result was driven by improved business confidence more than offsetting deteriorated consumer confidence.

Business confidence jumped to minus 13.1 in December from minus 20.4 in November. The print mainly reflected less unfavorable assessments of the future of the Hungarian economy and stronger willingness to employ.

On the other hand, consumer confidence dropped to minus 38.5 in December from minus 33.0 in the previous month due to households’ deteriorated assessments of their own financial situation.

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