The trade association expects a longer shopping period and growing Christmas traffic
The National Retail Federation (OKSZ) expects a longer shopping period this year. The OKSZ expects a 5-6 percent more, 950 billion HUF more consumer spendings in December 2015, compared to the previous year.
The professional organization in its release sent to MTI on Friday explained that the American origin “Black Friday” shopping action is surpassing the traditional bronze, silver and gold weekends of which the traders try to draw the consumer's attention to choose Christmas present from the second half of November. (MTI)
Related news
GVH: margin reduction reduced prices, OKSZ disputes the effect
According to the Hungarian Competition Authority (GVH), the margin cap…
Read more >OKSZ has spoken out regarding the extension of the margin freeze
Viktor Orbán announced the extension of the margin freeze. The…
Read more >The trade association and the competition authority interpret the results of the competition office’s investigations differently
According to the National Trade Association (OKSZ), investigations by the…
Read more >Related news
German business sentiment improved in August, ifo survey finds
Business sentiment in Germany improved more strongly than analysts had…
Read more >Retail sales growth accelerated in Poland in July
Poland’s retail sales growth accelerated more than expected in July…
Read more >Driving safety and sunglasses: what does the latest research show?
Choosing the wrong pair of sunglasses can significantly jeopardize road…
Read more >