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 "Retail sales were up 1.1% year-on-year in November, exceeding estimates, according to calendar-adjusted data from the Central Statistics Office. Excluding petrol sales, retail sales grew an annualised 2.3%. more » "The government clearly aims to grant Hungarian retail chains preferential status in the new voucher market, Retail Association president György Vámos told Népszabadság. The favouritism is not necessarily a bad thing in itself, he continued, but excluding international retail chains by setting preposterous conditions is problematic. more » "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. more » "The dates for changing excise taxes on tobacco will change from May and November to February and July, under a bill passed by Parliament on Monday. The MPs approved a tax rise of Ft 50-60 per packet of cigarettes, a higher figure than earlier planned, to take effect February 1. A further Ft 15 will be added to the price due to the rise in VAT. more »|
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