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Easter holiday sales expected to rise by 60 billion forints in Hungry

Easter holiday sales expected to rise by 60 billion forints in Hungry

BUDAPEST: The National Retail Association stated that Easter holiday sales are expected to rise by 60 billion forints, about the same amount as last year. Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos.

This year’s sales were helped by the decision by some retailers to keep their doors open on Palm Sunday, as allowed under recently introduced legislation that keeps most big stores closed on Sundays.

Meanwhile though egg consumption is expected to double in the week before the Easter holiday, prices are likely to remain stable as supermarkets hold sales, the head of the Poultry Products Council said. The price of eggs stands at 35-40 forints apiece at present, 4-5% dearer than a year earlier, said Péter Földi. The highest prices are to be found at farmers’ markets, he added. Hungarian farmers exported 46 million eggs last year.