Published: March 07 2023
Summary: According to the latest K&H SME Confidence Index, there has been a slight increase in the employment intentions of micro-, small-, and medium-sized Hungarian enterprises. However, these companies are planning pay rises that are well below the rate of inflation.
Key Points:
- The K&H SME Confidence Index indicates a slight improvement in employment intentions among Hungarian SMEs.
- Companies planning workforce expansion increased from 16% to 23%, while those planning layoffs decreased from 11% to 8%.
- However, the SMEs are planning pay rises that fall significantly below the inflation rate.
- The largest increase in employment growth is expected to come from the service sector (24%) and manufacturing (23%).
Source article:
This summary was created using AI, so there may be some inaccuracies. Always check the original linked article to be sure.
