Shops and borders are opening, and shopping tourism may just begin
According to recent statistics, Hungarian shopping tourists kept going on shopping trips until the last moment in early 2020. And they are likely to continue their march after the border openings. Meanwhile, according to the latest data, the Hungarian shop world is lively, the low point was in April, May was quite good compared to it.
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The statistics show that the Hungarian shop world is still slowly but surely reviving. According to a statistic measured by the end of May (up to 26), the amount of money left in the cash registers of shops decreased by 6.3% compared to the previous year. This is thus a current price figure, without the addition of web stores, but it is already certain that April was the lowest point in the shop world, with a 10% low flight. In addition, if we expect inflation and web spending, which is likely to jump sharply in May as well, the nascent shopkeeper index (the unadjusted volume index) will be close to zero.
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