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Hungary: Retail Rebounds Unexpectedly | Hungarian Chamber of Commerce



Hungary: Retail Rebounds Unexpectedly

Author: HA | October 03. 2018.


Retail sector turnover grew at a pace faster than expected on the back of above average consumption, which is why we expect the sector to expand by 6 -7% in the months ahead. The retail sales turnover, adjusted for working days rose by 6.8% year on year in August, beating both market expectations and the average growth rate of 2018 (6.7% YoY). Details...