Hungary Consumer Electronics Report Q3 2013
Published by Business Monitor International
on Jun 3, 2013
, 67 pages
PDF - Download Now with 3 Quarterly Updates format - Delivered by download
The Hungarian consumer electronics market is in no position to enjoy a recovery in 2013, with overall demand expected to be flat in US dollar terms, although there should be a few growth areas such as tablets, ultrabooks and smartphones. The Hungarian consumer faces yet another tough year, as fiscal austerity, tighter credit conditions, weakening confidence, a still-large overhang of debt and elevated unemployment levels all pose major challenges to households. The weak forint in H113 is another constraint on demand for imported consumer electronics products.