Hungary: Economic sentiment worsens in March
Latest reading: Economic sentiment fell to 95.5 in March, following February’s 96.4. The latest reading was below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In March, sentiment darkened in the industrial sector (-11.1 vs -8.6 in February), the construction sector (-26.5 vs -22.5 in February) and among consumers (-18.5 vs -17.8 in February). However, sentiment brightened in the services sector (-12.8 vs -16.1 in February) and the retail sector (-17.0 vs -19.2 in February).