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13 of May, 2020Research
IEER Business Climate Survey - April 2020

The latest wave of the IEER Business Climate Survey is based on the responses of 2,891 enterprises. According to the results the IEER Business Climate Index decreased to -25 points in April 2020 from +40 points in October 2019. The value of the Uncertainty Index has increased by 14 points (April 2020: 60 points).

According to the currently available GDP data, it can be concluded that in the second half of 2019 the gross domestic product of Hungary has increased (4.7%).

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30 of April, 2020Research
Monthly Bulletin of Economic Trends

Contents:

  • Borrowing in the corporate sector in Hungary, 2011-2020
  • The most severe coronavirus-related problems Hungarian companies face
  • International trends
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2 of April, 2020Research
The most severe coronavirus-related problems Hungarian companies face

Involving Hungarian companies, a survey was conducted by the Hungarian Chamber of Industry and Commerce (HCIC) to find out about the economic impacts of the ongoing coronavirus pandemic. In this article, HCIC's Institute for Economic and Enterprise Research analyses the answers to the survey concerning the major problems of businesses. The survey was conducted between 19 and 31 March 2020. The online questionnaire was filled in by 5268 company representatives, and 4383 gave an answer to the open question: „What poses the most serious problem to the operation of your business now?”. The analysis focuses the opinions formulated by this latter group.

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31 of March, 2020Research
Monthly Bulletin of Economic Trends

Contents:

  • Hungarian businesses' perceptions concerning the economic effects of the coronavirus pandemic
  • Claiming social contribution tax allowance in Hungary
  • International trends
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20 of March, 2020Research
Motivating factors behind students secondary education plans and career choices

The ongoing career motivation survey conducted by HCIC IEER (Hungarian Chamber of Industry and Commerce Institute of Economic and Enterprise Research) has the double task of analysing pupils' and their parents' motivations behind their children's school and career choice, and reveal the factors (including personal and social factors as well as the influence of the family and the school) that affect the choice regarding school type (secondary grammar school, secondary vocational school, secondary technical school) and the specific school itself. This analysis focuses on the differences between career and school choice motivations of students studying at various levels of education, at various school types; the paper is based on the survey conducted in the period between 30 September and 29 November 2019 by HCIC IEER at secondary grammar schools of 4-5 year curricula, at secondary vocational schools (in non-vocational type of classes) and at secondary technical schools. Respondents at all school types were 9th grade full-time students. Our sample is representative, i. e. it reflects the 2019 national rates of 9th grade students with regard to region and training level.

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29 of February, 2020Research
Monthly Bulletin of Economic Trends

Contents:

  • Findings of the IEER Quarterly Business Climate Survey taken in January 2020
  • Green jobs in the European Union and Hungary
  • International trends
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27 of February, 2020Research
Findings of the IEER Quarterly Business Climate Survey taken in January 2020

The Quarterly Business Climate Survey taken by the Institute for Economic and Enterprise Research (IEER) of the Hungarian Chamber of Industry and Commerce is based on the answers of 400 CEO respondents about their business situation and expectations. The results of the January 2020 survey show that business trust, which had been declining for a year, recovered, and the Quarterly Business Climate Index jumped from 26 (measured in October 2019) to 32 points .

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3 of February, 2020Research
Late payment and circular debt in Hungarian business life

This analysis by IEER concerns the experience of Hungarian businesses with late payment and circular debt. The results are based on IEER's July 2019 Quarterly Business Climate Survey, which involved 404 domestic respondents. Based on the answers, 68,6% of businesses had at least one partner that paid late in the first half of 2019, and 34% of respondents made late payments themselves to their suppliers in the examined period. The issue of late payment most often hits large companies (with more than 250 employees) and industrywise construction and providers of other business services are the most affected. All-in-all it can be inferred that the after the favourable period last year, the trends in having more business partner who pay late is starting to creep back to its prior 2018 level. By the same token, proportion of their income arriving late has become threefold, compared to the last period measured. However, the number of companies that failed to pay in time to their suppliers at least once due to the late payment of their customers basically remained unchanged since July 2018.

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31 of January, 2020Research
Monthly Bulletin of Economic Trends

Contents:

  • Macroeconomic trends in Hungary
  • Motivating factors behind students' secondary education plans and career choices
  • International trends
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19 of December, 2019Research
Monthly Bulletin of Economic Trends

Contents:

  • Findings of the IEER Business Climate Survey taken in October 2019:Business situation worsening, expectations more pessimistic
  • Employment of disadvantaged or disabled workers in Hungary
  • International trends
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