Economic Analysis
The population and businesses’ sense of prosperity improved in November
#Konjuntúrakutató
According to the November 2022 survey of Századvég Konjunktúrakutató, the sense of prosperity of both the population and businesses has slightly increased: on a scale between -100 and +100, the value of prosperity index decreased from -29.9 to -26.4 regarding households, while it decreased from -26.1 to -20.7 regarding businesses. The improvement in business and population indicators is also explained by the readjusted energy prices. The sense of prosperity index remaining in the negative range is still determined by the higher inflation environment induced by the Russian-Ukrainian war and the uncertainty induced by the economic sanctions. Major turbulances in the financial, foreign exchange, and primarily in the commodity markets have also reinforced uncertainty. The sense of prosperity is possible to significantly improve when the war ends, inflation reduces, the great uncertainty in the energy markets is eliminated, and lower prices develop.
The negative impact of the war and the energy crisis remains decisive in the sense of prosperity of the population and companies
#Konjuntúrakutató
According to the September 2022 survey of Századvég Konjunktúrakutató, the sense of prosperity of both the population and businesses has slightly decreased: on a scale between -100 and +100, the value of prosperity index decreased from -26.3 to -29.9 regarding households, while it decreased from -24.8 to -26.1 regarding businesses. The decline in the indicator of businesses is still caused by the higher inflation environment induced by the Russian-Ukrainian war and the uncertainty induced by the economic sanctions, and by the higher volatility in the financial, primarily in the foreign exchange market this month, an in the commodity markets. The sense of prosperity is possible to significantly improve when the war ends, the great uncertainty in the energy markets is eliminated, and lower prices develop.
The population's sense of prosperity shows a slight improvement
#Konjuntúrakutató
According to the September 2022 survey of Századvég Konjunktúrakutató, the sense of prosperity of both the population and businesses has slightly improved after half a year of decline: on a scale between -100 and +100, the value of prosperity index increased from -26,6 to -26.3 regarding households, while it decreased from -23,4 to -24.8 regarding businesses. The decline in the indicator of businesses is still caused by the higher inflation environment induced by the Russian-Ukrainian war and the uncertainty induced by the economic sanctions, and by the higher volatility in the financial and primarily in the commodity markets. The sense of prosperity is possible to improve when the war ends, the uncertainty in the energy markets is eliminated, and lower prices develop.
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