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GKI Economic Research Co.

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Slight Increase in Economic Sentiment Index

Jul 30, 2020

After a shock-like fall in the outlook for domestic economic agents in April, there was a significant positive correction in May and June, according to GKI’s economic sentiment index. The economic sentiment index, prepared by the economic research institute GKI, rose only slightly in July, by two points, as a combined result of improving expectations […]

GKI Economic Forecast for 2020

Jul 10, 2020

The Hungarian economic research institute GKI currently expects the Hungarian economy to decline by 5-7 per cent in 2020 (assuming no second wave of the pandemic this year).  In March, shortly after the announcement of the coronavirus emergency, GKI forecast two scenarios: one with a 3% and another with a 7% decline in GDP this […]

Declining but Still Strong Pessimism

Jun 20, 2020

Although the GKI economic sentiment index rose by a larger extent in June than in May, it eliminated only less than half of its April fall. The consumer confidence index rose to a greater extent in May and the business confidence one in June.  According to the empirical survey conducted by the Hungarian Economic Research […]

Pessimism Continues in the Industrial Sector

May 25, 2020

In May, presumably as a result of the lockdown easing measures announced by the government, almost all sectoral and consumer confidence indices increased and eliminated one-third of their dramatic fall in April. However, pessimism in industry intensified further. GKI’s economic sentiment index rose by 5 points to -28 points after falling by 29 points in […]

The Virus has not Spared the Housing Market, Either

May 10, 2020

The expectations of housing companies clearly deteriorated in April 2020 compared to a quarter earlier – according to the survey of the Hungarian economic research institute GKI and Masterplast. The epidemic caused by the corona virus has crashed the already slowing housing market, so the outlooks have become much more modest. The value of Budapest […]

GKI economic sentiment index August 2017 | GKI

Economic sentiment index close to its peak

Aug 29, 2017

GKI’s economic sentiment index reached its historic peak in July. According to the empirical survey conducted by GKI with the support of the EU, the business confidence index fell slightly in August. However, consumer expectations increased a bit.


Property market outlook over its peak

Aug 9, 2017

In July, the GKI real estate indices for Budapest and Hungary stood at 1 and 0 points respectively. Both figures dropped slightly by one point, compared to the previous survey. Both indices went up 2 points, compared to the survey made one year earlier.

GKI economic sentiment index July 2017 | source: GKI

New economic sentiment index

Jul 31, 2017

GKI's economic sentiment index and the business confidence index have never been as high as now so far during its more than twenty years of history. The empirical survey was conducted by GKI with the support of the EU.

GKI economic sentiment index

Economic sentiment index at 10-year peak

Dec 19, 2016

After November, the GKI economic sentiment index rose again in December. According to
the empirical survey by GKI, business expectations increased slightly, whereas consumer ones went up more strongly, reaching their ten-year peak.

| GKI Economic Research Co.

Economic expectations hardly changed in June

Jun 23, 2014

After one and a half years of spectacular rise, the GKI-Erste economic sentiment index reached a peak in April. After a decrease in May, expectations improved slightly in the business sector in June, whereas the consumer confidence index continued to decline.

GKI-Erste Economic Sentiment Index

Economic sentiment rises to 15-year high

Apr 23, 2014

The GKI-Erste economic sentiment index, which has been rising spectacularly for 18 months according to seasonally-adjusted figures in Hungary, has gone up in April and expectations reached their highest in more than 15 years.

Economic sentiment index comes to a halt |

Economic sentiment index comes to a halt

Sándor Laczkó
Sep 28, 2010

In September, the improvement of the GKI economic sentiment index adjusted for seasonal effects came to a halt after its significant and nearly continuous rise that had started last May. Both business and consumer expectations decreased slightly.


Recession Forecast for the Property Market

The 19-point drop of the value of the index in nine months has been unprecedented. During the ten-year history of the survey, today's strong pessimism was matched only once, in July 2002. The outlooks have grown worse on all market sectors included in the survey, obviously not at the same rate.

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