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2021/05/04 / Erste Group Research

This week, March retail sales figures will be published in Romania, Slovakia, Czechia and Hungary. Whereas base and calendar effects likely shifted up Czech retail trade growth close to the doubledigits, low base from last year should have helped soften the vast decline from early 2021 in Slovakia. In Romania, March will likely show only a slight increase, reflecting slower wage growth and new regional restrictions. Finally, Hungarian retail sales may have declined by almost 7% y/y, affected by re-introduced lockdown measures and last year’s relatively higher base.

General information

AuthorErste Group Research
Date2021/05/04
Languageen
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE, Czech Republic
Currency in focusCzech Koruna
Sector in focus-
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