Hungary Retail Figures Q2 2023

July 28, 2023 5 Minute Read

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Retail sales continued to fall also in May, bringing the YTD retail sales by 12.3% down on same period of 2022 level. The pipeline in the retail sector is still very weak, there hasn’t been any new commencement recently. We did not register any new shopping centre completion in Budapest. In Q2 2023 we registered only one brand entry in Hungary. Rents in the prime shopping centres in Budapest remained stable on Q1.