• EC Tells Hungary To Increase Tax On Cigarettes

    EC Tells Hungary To Increase Tax On Cigarettes

    • 25 Jan 2019 8:40 AM

    The European Commission sent a letter of formal notice to Hungary on Thursday, calling on the government to raise the tax on cigarettes to at least the minimum threshold required by the relevant EU directive.

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  • Hungary's November Retail Sales Growth Revised Down To 5%

    Hungary's November Retail Sales Growth Revised Down To 5%

    • 25 Jan 2019 7:25 AM

    In November 2018, the volume of sales in retail shops grew by 5.0% according to raw data, and by 4.9% adjusted for calendar effects, compared to November 2017, shows a second estimate from the Central Statistical Office (KSH), revising the figures in its first reading downwards by 0.3 of a percentage point.

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  • Hungary & CEE Drives European Growth In E-Retail

    Hungary & CEE Drives European Growth In E-Retail

    • 24 Jan 2019 9:52 AM

    Five countries in the CEE region - namely Poland, Bulgaria, Hungary, Slovakia, and Slovenia - are driving European growth in e-retail sales, with Hungarian online customers alone spending EUR 3.2 billion in 2018, according to research by global e-commerce product content and statistics syndicator Icecat.

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  • Hungarians Spent 41 Billion HUF On Video Games In 2018

    Hungarians Spent 41 Billion HUF On Video Games In 2018

    • 24 Jan 2019 8:35 AM

    In Hungary, the amount of gamers in the population stabilized at some 3.7 million people last year, with gamers spending an increasing amount of time and money on their hobby. The share of people who play on their smartphones and consoles is on the rise, according to findings by internet researcher eNET.

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  • IKEA Shops Closing Earlier On Sundays In Hungary

    IKEA Shops Closing Earlier On Sundays In Hungary

    • 3 Jan 2019 7:57 AM

    Beginning on January 6, IKEA shops around the country are closing at 7 p.m. on Sundays, two hours earlier than the 9 p.m. closing time in 2018, the subsidiary of the Swedish furniture retailer just announced.

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