MNB Business Confidence Index Slips in March
Image by Jessica Fejos
The business confidence index of the National Bank of Hungary (MNB) fell to -8 points in March from 0 points in the previous month, the central bank said on Thursday, according to a report by state news wire MTI.
The measure of businesses' assessment of their current situation slipped to -26 points from -20 points.
The gauge of companies' outlooks was down at +10 points from +21 points.
The indicator for companies' propensity to make investments fell to +28 points from +38 points.
The sub-index for making new hires decreased to +1 point from +8 points.
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