According to the November 2023 survey of Századvég Konjunktúrakutató, the sense of prosperity among households did not change, while the sense of prosperity among businesses improved significantly. The household index, measured on a scale of -100 to +100, dropped from -18.8 to -18.9, while the business index improved from -15.5 to -12.6. Over a longer horizon, the indices show a significant improvement: compared to November 2022, the household index increased by 7.5 index points and the corporate index by 8.1 index points. The prosperity index remained in negative territory, still determined by the Russia-Ukraine war, a declining but still higher inflation environment and the uncertainty caused by economic sanctions. A major improvement in the sense of prosperity will only be possible if the war ends, inflation continues to fall, the interest rate environment becomes more favourable and energy markets see sustained low prices.

The October 2023 survey of Századvég Konjunktúrakutató shows that both households’ and businesses’ sense of prosperity has improved. The household index, measured on a scale of -100 to +100, improved from -23.0 to -18.8, while the business index improved from -17.5 to -15.5. The prosperity index remained in negative territory, still determined by the Russia-Ukraine war, the still higher inflation environment and the uncertainty caused by economic sanctions. A major improvement in the sense of prosperity will only be possible if the war ends, inflation continues to fall, the interest rate environment becomes more favourable and energy markets see sustained low prices.