Hungary’s Consumer Confidence Index rose to 58 points in October from 52 points in April, market-research company Nielsen told MTI on Thursday.
Nielsen said that Hungary’s rise conformed to the worldwide trend, noting that the company’s Global Consumer Sentiment Index, covering 50 countries, rose to 86 points from 77 points during the period.
A total of 20pc of Hungarians participating in the October survey said that they hold a positive appraisal of their financial situation over the next 12 months, up from 13pc in April.
Of those surveyed, 22pc deemed the climate in Hungary for purchasing the products they need to be positive in October, while an identical 22pc regarded the climate for purchases to be negative in the country last month, compared to 20pc who deemed the sales climate to be positive and 25pc who deemed the sales climate to be negative in April.
Only 4pc of Hungarians surveyed in October considered the job outlook to be good over the next 12 months, while 44pc said that the job outlook was bad for the next year. They were still less pessimistic than in April when 52pc of the Hungarians surveyed deemed the job outlook to be bad for the next 12 months.
Hungary’s consumer-confidence index of 58 was the fourth lowest of those European countries surveyed, ahead of Lithuania with 54, Portugal with 53 and Latvia with 49.
In Europe, Norway posted the highest Consumer Confidence Index in October with a score of 110, followed by Denmark with 100 and Holland with 92.