Hungary: Economic sentiment eases in April
Latest reading: Economic sentiment fell to 93.6 in April from March’s 95.3. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected worse sentiment in retail, services, construction and among consumers. In contrast, healthier sentiment was recorded in the industrial sector.
Regarding indicators that are not used to calculate the index, employment expectations and the economic uncertainty index improved in April.