OKSZ expect increase in consumption for 2011
Overall, an increase in consumption is expected in trade in 2011 – told Vámos György, the Secretary-General of the National Trade Association (OKSZ) to MTI.
According to him; several factors can influence the pace of expansion. Such as the increase in fuel or food prices. The “price” of the cold winter can also affect consumption, which occurs when the heating bills are paid. Another factor is the evolution of the forint exchange rate, since this is a significant cost factor for those who have foreign currency loans.
Related news
More related news >
Related news
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >