Slovak Shoppers Boost Retail Sector In Hungary

  • 9 Jan 2012 8:10 AM
Slovak Shoppers Boost Retail Sector In Hungary
"Slovaks can save 20% in euro terms if they buy food in Hungary, due to the weakening of the forint, according to analysts. This could bring in an additional Ft 100 billion to the Hungarian retail sector, said Retail Association president György Vámos.

“This could mean 1% of all retail trade in Hungary.” Vámos added.

Slovak shoppers might travel as far as the shopping centres located near motorways around Budapest, especially on Slovak holidays, Napi Gazdaság observes."

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

  • How does this content make you feel?