Sales have been helped by the Home Purchase Subsidy Scheme for Families with Children, known by its Hungarian acronym “CSOK,” Krisztina Cselényi said.
Inflation-adjusted sales are set to rise by 2% in 2019, and by 1% in 2020, she added.
Last year, output of Hungaryʼs furniture industry rose 2% to USD 1.192 billion. Exports fell 5% to USD 1.089 bln, while furniture imports to Hungary rose 3% to USD 722 million.
Cselényi noted that most Hungarians are price-sensitive and little concerned about design when it comes to buying furniture.
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