Hungary: Retail Trade Shrinks Significantly

CompaniesRetail & Consumer ♦ Published: January 25, 2013; 09:43 ♦ (Vindobona)

The volume of sales in retail trade decreased by 4.1% in November.

Hungary: Retail Trade Shrinks Significantly / Picture: © Vindobona.org

The direction of change was in line with those recorded in the member states of the European Union as well as in the countries of the Eurozone.

In terms of volume, retail sales decreased by 4.1% in November and by 2.0% in the first eleven months of 2012, year-on-year. Retail shops, mail order houses and online sales generated HUF 692 billion of sales in November…

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