Why the dip in Hungarian retail sales isn’t cause for concern
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CENTRAL AND EASTERN EUROPE: Retail sales broke an eight-month growth streak in April, but there’s no cause for concern. After election-related one-offs, volumes have returned to a more sustainable trend, with further growth expected later in the year
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4 itemsWhy the dip in Hungarian retail sales isn’t cause for concern
Growth picks up in Hungary but will it last?
Hungary’s economic momentum regains strength, but risks remain
The desk views Hungary's recent economic data as a positive sign, albeit with caution regarding underlying risks. Per the full note from ing-think, March figures showed unexpected strength in both industrial and retail sectors, suggesting a potential rebound in economic momentum. However, the desk emphasizes that this improvement may be influenced by one-off factors, which could temper enthusiasm. Consensus targets for the HUF remain varied, reflecting differing views on sustainability of this momentum.
Growth picks up in Hungary but will it last?
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