Hungary Economic Confidence Declines to Lowest Since April 2010
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Hungary’s economic-sentiment index declined for a third consecutive month in July, dropping to its weakest since April 2010, as confidence amid businesses and consumers worsened, research institute GKI said.
The index fell to minus 16.0 from minus 13.9 in the previous month, Budapest-based GKI said in an e-mailed statement. The business confidence index dropped to minus 6.9 from minus 4.4 in June while the consumer confidence index fell to minus 42.0 from minus 41.0 in the previous month.