New Market Research Report: Consumer Electronics in Hungary
Volume sales of all consumer durables declined in Hungary during 2012, with consumer electronics falling in volume by 3% due to the limited purchasing power of the Hungarian population. This was motivated by a 3.4% decline in real wages and rising inflation over the course of 2012. Volume sales of consumer electronics rise in 2011, which was considered by some as an early sign of recovery of Hungary's economy from the economic crisis. However, volume sales declined again over 2012,...
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