The quarterly corporate business climate survey of Institute for Economic and Enterprise Research (IEER) is based on the opinions of 400 chief executives about the current state and outlook of their businesses. From the companies surveyed, 300 small and medium-sized enterprises (with 20-249 employees) were selected to calculate the Comprehensive SME Business Climate Index and the Comprehensive SME Uncertainty Index. For the greater sample of 400, including large enterprises employing over 249 people, a Quarterly Business Climate Index and a Quarterly Uncertainty Index were calculated.
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Hungarian exports and imports steadily increase
International trends
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Hungarian National Bank: Hungary’s competitiveness needs to be improved
Educational attainment and prejudice
International trends
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The following summary comprises the latest results gained from the largest representative survey series on the Hungarian labor market. During the study 6832 company leaders’ answers on employment, on the company’s business situation, and on the company’s future expectations were registered and analyzed. The history of the survey series targeting short-term expectations of the labor market goes back to the years following the regime change of 1989-90 in Hungary. The latest survey in this research program took place between September and October, 2017 as the tenth occasion of the collaboration between the Hungarian Ministry for National Economy and the Institute for Economic and Enterprise Research (IEER) to forecast the short-term economic prospects of the private sector, and to review corporations’ labor market decisions in an empirical study.
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In this brief analysis, the current Russian economic characteristics are demonstrated through macroeconomic indicators, and the Russian-Hungarian trade relations are also examined. The Russian economy had a crisis due to the decline of the oil prices and the sanctions against the country that started in 2014; at the end of 2016 a slow recovery could be observed. The economic performance is still highly dependent on the oil trade which means a risk for the country. Russia’s long-term growth potential regardless of the currently expected short-term boom is not significant, primarily because of the low and decreasing productivity.
Read more >>>The results of the latest IEER SME Outlook business climate survey reveal that the business confidence significantly increased compared to the previous quarter: the Business Climate Index rose from 18 to 24 points. Thus, the decreasing tendency that started in January 2017 has been broken.
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