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Retail Spending in Hungary Only 70% of Euro Average

• 5 Jul 2024 9:23 AM
• Hungary Around the Clock

The average annual retail spending per capita in Hungary is 70% of the average of 25 European countries, market researcher GfK found in a survey.

The Hungarian average of €4,572 lags behind the wider average of €6,517.

Luxembourg tops the list at €12,067, followed by Switzerland and Denmark.

Within Hungary, Budapest has the highest retail spending, 13% above the national average, but even this does not reach the national level of Slovenia or Croatia.

The poorest region is Szabolcs-Szatmár-Bereg County, where spending is at 84% of the Hungarian average, a little higher than in Bulgaria.

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Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

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