- Working day adjusted retail sales rose 1.7% y/y in September after rising 4.1% y/y in August. That marks the lowest for the series since February and was significantly below expectations of a larger +3.7% expansion.
- Political leaders from across Europe gather in Budapest for the European Political Community meeting.
- There are no other major local data releases scheduled for the remainder of the week, with regional focus today on NBP Governor Glapinski’s press conference and the CNB rate decision – both in the afternoon.
HUNGARY: Retail Sale Growth Below Expectations in September
Last updated at:Nov-07 07:48By: Hiren Ravji
Hungary
- Working day adjusted retail sales rose 1.7% y/y in September after rising 4.1% y/y in August. That marks the lowest for the series since February and was significantly below expectations of a larger +3.7% expansion.
- Political leaders from across Europe gather in Budapest for the European Political Community meeting.
- There are no other major local data releases scheduled for the remainder of the week, with regional focus today on NBP Governor Glapinski’s press conference and the CNB rate decision – both in the afternoon.
