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Investing.com -- Retail sales in Hungary experienced a slower pace in March, with a modest increase of 0.4% year on year (y/y), according to seasonally and calendar-adjusted figures. This growth rate is notably lower than the 3.2% y/y growth observed in February.
The unadjusted yearly figure showed a decline of 0.4%. Additionally, the volume of sales in March dropped by 0.5% compared to February.
In neighboring Slovakia, the retail sector contracted by 2.5% y/y in March. The contraction indicates a decrease in the volume of retail sales, marking a slowdown in the sector.
Meanwhile, Czechia reported an increase in industrial output growth, with a rise of 1.4% y/y in March. The trade balance for the same month stood at CZK +32.5bn, indicating a surplus in the country’s trade.
In other news, interest rate decisions in Czechia and Poland are scheduled for today.
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