• Hungarians Spend HUF 83,000 Per Month

    Hungarians Spend HUF 83,000 Per Month

    • 4 Jun 2018 8:48 AM

    Hungarians spent on average HUF 82,900 per month last year. Most of this was spent on utilities and food, but expenses were higher in all categories – entertainment, alcohol, education, health – than in 2016, figures released by the Central Statistical Office (KSH) show.

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  • Retail Sales Climb By 8.7% In March

    Retail Sales Climb By 8.7% In March

    • 25 May 2018 9:07 AM

    In March 2018, the volume of sales in retail shops rose by 8.7% according to raw data and, mainly due to the Easter effect, by 7.3% adjusted for calendar effects compared to March 2017, a second estimate from the Central Statistical Office (KSH) shows. Both figures are 0.2 of a percentage point higher than in the first flash estimate on May 4.

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  • New Etele Plaza Building Will Be Biggest Mall In Buda

    New Etele Plaza Building Will Be Biggest Mall In Buda

    • 18 May 2018 2:02 PM

    Futureal Group has begun construction of the Etele Plaza mall in Budapest, near the Kelenföld railway station. The shopping and entertainment center, with a gross building area of 155,000 square meters, will be the biggest of its kind on the Buda side of the city.

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  • Euro 200m Óbuda Shopping Center Awaits Permission

    Euro 200m Óbuda Shopping Center Awaits Permission

    • 14 May 2018 10:09 AM

    Just one day after German property developer ECE announced plans to build a EUR 200 million shopping center in the Óbuda district in Budapest, Kristóf Szatmáry, the government commissioner for trade policy, says the development will not happen in its present form since it lacks the necessary construction permit.

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