The market for durable consumer goods continues to grow in Hungary this year
Last year, the sales of durable consumer goods increased by 6.8 percent – the latest analysis of the market leader credit insurer reveals.
According to the analysts of Atradius, the growth in the consumption of the Hungarian households was made possible by low inflation and increased employment. For 2017, the credit insurer expects that the general consumption growth continues, but the rate of growth will lag behind the average of the past 3 years.
Related news
Hungarian buyers are still more restrained
In June, retail sales volume increased by 3 percent year-on-year.…
Read more >More than half of Hungarian companies pay their invoices late
53 percent of Hungarian companies do not receive their invoices…
Read more >MBH quick analysis: Retail trade momentum decreased in May
After Easter spending, retail sales growth slowed in May: total…
Read more >Related news
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment”…
Read more >Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is…
Read more >Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >