No panic buying after lockdown measures announced

Retail

Photo by Stokkete/Shutterstock.com

After the announcement of the recent epidemiological measures, the increase in traffic did not even come close to the level experienced during the first wave of the epidemic, according to CBA's communications director Attila Fodor, writes origo.hu.

Fodor said that on Thursday, March 4, after the announcement that new measures were to be implemented, the turnover of CBA stores increased by 10-15% on average.

The following day, the increase was 20%, and 30% the day after that. But the intensity of shopping started to decrease again on Sunday, March 7 and was only slightly higher than usual from March 8, when the restrictions took effect.

Moody's Affirms Budapest's 'Baa3' Rating Ratings

Moody's Affirms Budapest's 'Baa3' Rating

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Poland Industrial Output Falls, Producer Prices Decline Furt... Manufacturing

Poland Industrial Output Falls, Producer Prices Decline Furt...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.