Hungary: Economic sentiment improves in February
Latest reading: Economic sentiment rose to 96.5 in February, following January’s 95.1. The latest reading was below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In February, sentiment brightened in the industrial sector (-8.6 vs -11.1 in January), the construction sector (-22.3 vs -25.4 in January) and among consumers (-17.8 vs -19.6 in January). However, sentiment worsened in the services sector (-16.1 vs -13.2 in January) and the retail sector (-19.5 vs -18.7 in January).