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Hungary: The Revival of the Retail Sector

2019. április 03.

ING Think

Hungary's February retail sales data significantly overperformed expectations as it reached an 8.4% YoY growth rate, the highest since Jan 2018. The strong figure is really surprising as the sales volume growth showed a decelerating trend last year without giving any clues a turnaround was coming. Instead, it seems the sector regained some positive momentum in the beginning of the year. More...