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%.
The stock of government bonds held by households rose by HUF154bn (€500mn) September to an all-time high of HUF6.5 trillion, Hungary’s Government Debt Management Agency (AKK) said on October 16. ... more
Hungary’s Government Debt Management Agency AKK announced on September 26 that it plans to issue 10-year Eurobonds to refinance high-interest dollar bonds maturing soon. The agency mandated BNP ... more
South African fund NEPI Rockastle said it has acquired two new shopping centres – in Hungary and Bulgaria – for a combined €528mn. The fund, which purchased another shopping centre in ... more