Hungary Consumer Electronics Q4 2018
We expect Hungary's consumer electronics device spending to accelerate in 2018 supported largely by the appreciationof the forint against the US dollar. Growth will slow over the medium term due to the limits posed by device saturation and negativedemographic trends. There exists a potential downside risk for the devices market, a key important export industry for Hungary,because of the election victory of Fidesz in April 2018 that could embolden its refugee and media policy agenda, which would bringit into further conflict with the European Union.
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