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Danish retail chain JYSK has opened its 101st store in Hungary, continuing its expansion strategy with a new 1,000 sqm location in Körmend. The opening follows new stores earlier this financial year in Debrecen and Ózd.
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The government has decided to extend mandatory caps on a range of food and non-food products until November 30, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.
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The average asking price for used cars on sale edged down to HUF 5.4m in June from HUF 5.2m the same month a year before, the Central Statistics Office (KSH) and listings site Hasznaltauto.hu said in a joint statistics release.
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Budapest has been ranked one of the most affordable cities in Europe for grocery shopping, according to the latest Grocery Index from Deutsche Bank.
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Retail sales in Hungary rose 3.0pc year-on-year in June, data released by the Central Statistics Office (KSH) show.
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Polish discount retailer Pepco has denied any plans to withdraw from the Hungarian market, following reports of store closures in Germany.
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