Rents for retail space are in general denominated in euro in Hungary. Along with the rapid devaluation of the national currency, the cost of being present in the most popular shopping malls or inner city pedestrian shopping streets have become unbearably high for the many retailers, except for the multinationals, which benefit from the large working capital of the group they are part of. Inflexible renting conditions, the long rental periods and the volatility of the exchange rates pose serious...Euromonitor International''s Apparel in Hungary report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2008-2012 ...
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