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  • Results of the IEER Quarterly Business Climate Survey July 2016

    The results of the latest quarterly business climate survey reveal slightly less favourable economic condition compared to the previous quarter: the ...

  • The Expected Impact of Brexit on the Hungarian Economy

    The result of the June 23th United Kingdom referendum shocked the world. The sudden drop in the exchange rate of the British Pound on the following ...

    Results of the IEER SME Outlook Survey August 2016

    The results of the latest IEER SME Outlook business climate survey reveal less favourable economic conditions compared to the previous quarter: the ...

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23 of August, 2016Research
The Expected Impact of Brexit on the Hungarian Economy

The result of the June 23th United Kingdom referendum shocked the world. The sudden drop in the exchange rate of the British Pound on the following days supports this very clearly (see Figure 1, 23 to 30 June 2016). In the following brief analysis we describe potential effects of Brexit that may have an impact on Hungary in the medium term. In our work we summarize the conclusions of the Hungarian and international literature related to the UK’s withdrawal from the European Union. The most obvious result of the referendum so far is the financial and political uncertainty that is dominating Europe. Another effect may be a significant decline in the ... Read more >>>

23 of August, 2016Research
Results of the IEER SME Outlook Survey August 2016

The results of the latest IEER SME Outlook business climate survey reveal less favourable economic conditions compared to the previous quarter: the Business Climate Index decreased from 31 to 27 points. Thus the upward trend since last October was broken. While enterprises regard their current situation more favourable compared to the previous quarter, they consider their future prospects more negatively than in April. It means that the SME sector predicts a turning point in the trends of domestic business climate. The Uncertainty Index is at a current level of 36 points, which is almost the same as the value measured in the preceding quarter (it ... Read more >>>

12 of August, 2016Research
Results of the IEER Quarterly Business Climate Survey July 2016

The results of the latest quarterly business climate survey reveal slightly less favourable economic condition compared to the previous quarter: the IEER Quarterly Business Climate Index decreased from 33 to 30 points, thus the upward trend since October 2015 has been broken. According to the results the enterprises see their future prospects – not their current situation – more pessimistic than in April, that is, they predict the deterioration of the so far favourable business climate. The Business Climate Index was only 21 points in the same period of the previous year. The Uncertainty Index is at a current level of 34 points, which is slightly ... Read more >>>

31 of July, 2016Research
Monthly Bulletin of Economic Trends

A recent analysis from the Institute for Economic and Enterprise Research (IEER) of the Hungarian Chamber of Commerce and Industry (HCCI) examined the experiences of late payment and debt queues of domestic enterprises. The results are based on data from the IEER January 2016 Quarterly Business Climate Survey during which we asked 400 domestic enterprises about the topic. The results show that 81% of businesses had at least one business partner that paid late in 2015, while 45% of respondents themselves owed to their suppliers at least once in the period under review. The highest proportion of late payments was among small businesses and the ... Read more >>>

26 of July, 2016Research
Where would students like to continue their education? The continuing education plans of students from the country’s best high schools

The IEER analysis examines plans for further education of students from the nation’s best high schools. The results show that a vast majority of students want to continue their education, namely at national institutions of higher education, and only 7% of them would study abroad (as well). The available statistics also indicate that Hungarian students do not participate in large numbers in (long-term) foreign study, but in recent years their numbers show a growing trend. Read more >>>

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GDP per capita, PPP in the Visegrad countries, Estonia and Latvia (in constant 2011 international $)
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Perceptions on Business Confidence in Germany, Business Climate Index of Ifo
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Hungary's Gross National Debt compared to GDP
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At what stage are we in the Great Recession?
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