Nielsen: Consumer confidence declining
Consumer confidence declined slightly in Hungary in the fourth quarter of 2014 compared to the third quarter, a gauge by market research company Nielsen reveals. Nielsenʼs consumer confidence index for Hungary stood at 54 points in Q4 last year, down 2 points from the previous quarter.
The percentage of Hungarians who expect their financial positions to improve in the coming twelve months shrank 1 percentage point to 22% in Q4 from the previous quarter.
The share of those who consider job prospects favorable in the next 12 months declined to 11% in Q4 from 12% in Q3, some 20% of survey participants in Q4 said, however, that they found prices and their financial situation appropriate for making purchases, up from 16% in Q3.
Nielsen noted that its European and global confidence indices also dropped by 2 percentage points, to 96 and 76, respectively.
GKI-Erste said yesterday that both consumer and business expectations worsened in January, as the combined gauge of consumer and business confidence index fell to -2.9 points from the previous month’s -0.2 points.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Hungary to Address Future of Cohesion Policy During EU Presi...
AI may Save Hungarian Healthcare, Says Leading Doctor
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
