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%.
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
The oil flow from the Russian Druzhba pipeline was renewed late on August 19. “The flow of oil to Slovakia is standard at the moment,” the country’s Minister of Economy Denisa Saková (Hlas) ... more
US power company Westinghouse is reportedly in talks with the Slovak government to develop a new type of electricity storage site near the Gabčíkovo hydroelectric power plant (HPP) on the Danube ... more