Retail sales increased higher than expectated in the first quarter
The growth in retail sales in March surpassed the expectation of analysts, who suggest that gross domestic product could rise sharply in Q1.
According to the first estimate published by the Central Statistical Office (KSH) on Friday, retail sales increased by 8.5 percent according to the raw data in January and by 7.1 percent calendar effect adjusted mainly due to the Eater-effect, compared to the same period of last year. The raw data shows the highest growth since January 2015. (MTI)
Related news
The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by…
Read more >
Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live…
Read more >
Potato export market revived
According to KSH data, the potato cultivation area and yield…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >
