Analysts: the lack of foreign tourists can also be reflected in the decline in retail sales
According to data released by the Central Statistical Office (KSH) on Monday, in August, according to raw data, the turnover of retail stores decreased by 1.2 percent and adjusted for calendar effects by 0.7 percent, compared to the same period of the previous year.
According to Virovácz Péter, senior analyst at ING Bank, the August retail performance came as a negative surprise. The market consensus expected a significant increase – he indicated in a comment sent to MTI. (MTI)
Related news
Consumption drives the economy
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Consumption increased by 3.4%
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
KSH: in September, consumer prices exceeded the values of the same month of the previous year by an average of 4.3 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The European Parliament has adopted a new, stricter definition of meat
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Honey Trial 2025 – Record prizes and a challenging year for domestic beekeepers
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >