society

According to the June 2024 survey of Századvég Konjunktúrakutató, household economic sentiment improved significantly, by 2.7 index points, while business economic expectations improved by 1.2 index points from the previous month. Thus, the household index, measured on a scale of -100 to +100, strengthened to -11.9, while the business index strengthened to -12.4. In the June survey, households were particularly positive about the economic outlook for the country over the next year. As regards businesses, the biggest positive change from May to June was in their profit outlook for the next year.

Most European citizens disagree with Brussels’ efforts to relax environmental and import regulations on Ukrainian produce, Századvég’s Project Europe research shows.

Századvég has been conducting international public opinion surveys since 2016 to examine the views of European citizens on the issues that most affect the future of the EU. The aim of the 2024 survey of the unique Project Europe survey series was to map public attitudes on the most important public issues affecting our continent. The main topics of research are issues related to the Russia-Ukraine war and the armed conflict between Israel and Hamas. Topics will also include, among others, the sense of prosperity in society, perceptions of the European Union’s activities, energy price developments and energy policy, media, religious affiliation and attitudes to migration. The results of the survey were presented on 7 May 2024 at the Europe in the Shadow of War conference, held in the Várkert Bazár with the participation of several renowned professionals and public figures.

According to the April 2024 survey of Századvég Konjunktúrakutató, household economic sentiment deteriorated by 1.6 index points, while business economic expectations improved by 0.7 index points from the previous month. Thus, the household index, measured on a scale of -100 to +100, weakened to -16.4, while the business index strengthened to -12.2. A marked positive change in the April survey is that households’ inflation perceptions are steadily converging towards the actual rate, which is now within the central bank’s inflation target range. For businesses, the biggest positive change from March to April was in profits over the past year.

Macro Monitor – March 2024

In 2023, the volume of Hungarian gross domestic product (GDP) fell slightly by 0.7%, while growth is likely to remain subdued in the following years. We expect Hungarian economic output to grow by 2.7% in 2024 and 3.4% in 2025. This year and next will be marked by a slow recovery process.

According to the March 2024 survey of Századvég Konjunktúrakutató, household economic sentiment deteriorated by 1.9 index points, while business economic expectations decreased by 1.1 index points from the previous month. Thus, the household index, measured on a scale of -100 to +100, weakened to -14.8, while the business index to -12.9. The March survey shows a marked positive change in that households are less worried about job losses in the next six months than a month earlier. In the business sector, the largest negative change from February to March was in expectations for future exchange rate movements.

Macro Monitor – February 2024

Macro Monitor – January 2024