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Consumer, business confidence index continues to improve in May - GKI.

Europe Intelligence Wire

| May 25, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, May 24, 2010 (MTI-ECONEWS) - GKI's combined business- and consumer-confidence index rose to -14.0 points in May from -17.2 points in April, the economic think tank said on Tuesday.

The index, prepared with European Union support, shows the measure of business confidence rose to -8.8 points from -10.2 points, while the consumer- confidence index climbed to -28.7 points from -37.0 points, its highest level since May 2006.

The index has been rising for a year now, particularly the consumer-confidence index jumped, but the business-confidence index also reached a level above that of September 2008, the last month …

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