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NBH BUSINESS CONFIDENCE INDEX EDGES UP IN JULY

 

The business confidence index of the National Bank of Hungary (NBH) rose to +1 point in July from -4 points in the previous month, the bank said. The measure of businesses’ assessment of their current situation climbed to -11 points from -19 points. The gauge of companies’ outlooks edged up to +12 points from +11 points. The indicator for companies’ propensity to make investments increased to +33 points from +31 points. The sub-index for making new hires rose from zero from +1 point.