Results of the IEER Quarterly Business Climate Survey January 2015

The 2015 IEER Quarterly Business Climate Survey showed that the level of business confidence in Hungary significantly improved compared to the previous quarter. The IEER Quarterly Business Climate indicator rose from 10 points to 19 points. This value is much higher than the one measured in last year in January (8 points). The value of Uncertainty index stands at a 35-point level, which conforms to the value in October. This result shows a stagnation in the level of uncertainty. The 35-point level is higher than the value of the index last year (it stood at 32 points in January 2014). The value of the uncertainty indicator suggests that the current tendency is not universal and that it only concerns a part of the business community.