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NBH BUSINESS CONFIDENCE INDEX EDGES HIGHER IN DEC

 

The business confidence index of the National Bank of Hungary (NBH) rose to -5 points in December from -7 points in the previous month. The gauge of companies’ outlooks climbed to +1 point from 0 point, and the measure of their assessment of the current situation increased to -11 points from -14 points. The indicator for companies’ propensity to make investments slipped to +18 points from +24 points. The sub-index for headcount rose to +2 points from -3 points.