Monthly Bulletin of Economic Trends | November 2019

Findings of the IEER Business Climate Survey taken in October 2019: Business situation worsening, expectations more pessimistic

The latest Business Climate Survey taken by IEER is based on the answers of 2268 CEO respondents. According to the results, the Business Climate Index dropped back to 46 points in October 2019 from 58 points measured in April. This has been the lowest score since October 2015.Businesses thus seem to judge the business climate as being far less favourable than before, meaning that the improving tendency starting in October 2017 broke. The reason behind this may be that expectations concerning the future business situation, investments and orders all became more pessimistic in the previous half. It was the business situation outlook that dropped back the most significantly.

The latest Business Climate Survey taken by IEER is based on the answers of 2268 CEO respondents. According to the results, the Business Climate Index dropped back to 46 points in October 2019 from 58 points measured in April. This has been the lowest score since October 2015.
Businesses thus seem to judge the business climate as being far less favourable than before, meaning that the improving tendency starting in October 2017 broke. The reason behind this may be that expectations concerning the future business situation, investments and orders all became more pessimistic in the previous half. It was the business situation outlook that dropped back the most significantly.

The Uncertainty Index was 8 points higher than in April, this time at 44 points. This might mean that the companies' business situation assessment has become less uniform compared to the time the previous study was taken.

The IEER Business Climate Index by company features

The Business Climate Index was the highest for trading companies (+56 points), while for companies in the construction industry it was somewhat lower (49 points). Business service providers and businesses in the processing industry are at 48 and 42 points, respectively. Half-on-half results show that it was the processing industry that experienced the heftiest drop (19 points since April). Corporations in the construction industry, service providers and trading companies all scored lower – by 11 points, 7 points and 3 points, respectively – than in the previous half.

 

You can read the full article in the attachment below

Mellékletek:
Download this file (MBET_1910_191205.pdf)MBET 2019 Nov

Rendezvénynaptár

August 2021
M T W T F S S
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31

Csaladbarat hely vedjegy munkahely WEB SZSZ2020 allo webes felhasznalas

Csaladbarat hely vedjegy szolgaltato hely WEB SZSZ2020 allo webes felhasznalas

Kamarai Videók

Várható események

Festők Nemzetközi Konferenciája
2021.08.12
0:00 - 0:00

Új Széchenyi terv - banner

logo

Intelligent Energy EU - logó

tamop234

Közösségi Gazdaság- és Társadalomfejlesztési Központ - logó

Kiemelt partnerek

Pályázati tanácsadók

Magyar Kereskedelmi és Iparkamara - logó

MVP logo GINOP2

web banner 650x650

Közösségi Gazdaság- és Társadalomfejlesztési Központ - logó