Nielsen: Despite the slight slowdown, domestic retail is leading in the region

The slowdown in the European economy’s growth rate has also had an impact in Hungary: the growth rate of the continent’s retail sales declined by an average of -2.1 percent in the last quarter of 2018, while by -2.7 percent in Hungary, compared to the same period of last year.

Despite this, the 5.5 percent growth of the country in the last quarter was the second highest in the region. Turkey continues to lead in Europe by a 24.2 percent increase – according to Nielsen’s “Growth Reporter” quarterly European survey.