Analysts: changes in shopping habits can be seen from the retail data

By: Trademagazin editor Date: 2022. 07. 06. 11:40

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Household consumption may have peaked in May, the population has already used up most of the first quarter’s state benefits and is starting to transform the shopping habits in line with high inflation – analysts told MTI from the latest data on retail sales.

The population’s shopping desire peaked in May

According to the report published by the Central Statistical Office (KSH) on Wednesday, the volume of retail trade in May exceeded the previous year by 12.0 percent, adjusted for calendar effects, by 12.0 percent in raw data. (MTI)