Analysts expect a growth of around 4-5 percent in retail this year

The retail data in February significantly exceeded the analysts' expectations, according to experts interviewed by MTI.

According to experts interviewed by MTI, the turnover growth may accelerate later in the year, but increase throughout the year may be slightly lower than last year's 5.8 percent increase: About 4-5 percent.

The Central Statistical Office (KSH) said on Tuesday that after the stop in January, the momentum in consumption returned in February. The volume of retail sales increased by 6.5 percent, while according to the calendar-adjusted data growth was 6.4 percent, compared to the previous year – the Central Statistical Office (KSH) announced on Tuesday. (MTI)