Hungary’s calendar-adjusted retail sales increased by 3.4% y/y in April 2013, reversing from an annual decrease in the previous twelve months, the statistics office said in a flash estimate.
Sales of food, drinks and tobacco advanced by 3.3% y/y in April, while sales of non-food products remained flat in annual comparison. Sales of automotive fuel witnessed a 6.4% y/y rise. The statistics office said it will provide more detailed data on June 25.
Hungary’s retail sales declined by 1.9% in 2012 on the back of a 3% decrease in the non-food category, while food sales dropped at the slower pace of 0.7%.
Bucharest listed Digi Communications announced on July 21 that its Hungarian subsidiary, Digi Tavkozlesi es Szolgaltato, has signed an agreement to acquire Hungarian broadband and telephone provider ... more
Senior Czech judges on July 21 denounced Poland's judicial overhaul as an attack on the rule of law. With big street protests in the Czech Republic's neighbour seemingly gathering momentum – 120 ... more
Hungary's MOL announced on July 20 that it has struck licensing deals with Germany's Evonik Industries and Thyssenkrupp that will be essential in its plan to roll out a $1.9bn investment in ... more