Recent Study: Hungary Consumer Electronics Report Q3 2013
The Hungarian consumer electronics market is in no position to enjoy a recovery in 2013, with overall demand expected to be flat in US dollar terms, although there should be a few growth areas such as tablets, ultrabooks and smartphones. The Hungarian consumer faces yet another tough year, as fiscal austerity, tighter credit conditions, weakening confidence, a still-large overhang of debt and elevated unemployment levels all pose major challenges to households. The weak Hungarian forint in H113 is another constraint...
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