Analysts: retail sales growth was surprisingly slow last December
The annual growth rate of retail sales surprisingly slowed down in December last year – market analysts told MTI, commenting the data of KSH’s first estimate published today. They conclude that wage outflows are becoming less and less measurable in store sales, but rather in services.
According to the Central Statistical Office’s first estimate, retail trade turnover was 3.7 percent last December. According to the raw data, retail trade turnover increased by 4.1 percent, compared to a year before. At the same time, retail sales increased by 6.0 percent last year, according to both the raw and adjusted data. (MTI)
Related news
KSH: retail turnover increased by 4.2 percent compared to the same period of the previous year, and by 2.0 percent compared to the previous month
According to raw data, the volume of retail sales in…
Read more >Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also…
Read more >The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >Related news
World Poultry Day: May 10th is a celebration of the poultry industry
On May 10, the poultry industry celebrates World Poultry Day…
Read more >NGM: the weakness of the export markets continues to worsen the performance of the industry
Based on the data of the Central Statistical Office, in…
Read more >By establishing a working group, NAK supports the development of the market for exempt products
The special professional activities of the National Chamber of Agriculture…
Read more >