Analysts: pension premium payment could give another boost to retail sales

By: Trademagazin editor Date: 2021. 10. 07. 11:40

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Retail sales growth accelerated somewhat in August, but the pace is still below pre-pandemic levels. Demand may strengthen further in the coming months, and the payment of the pension premium may give a new impetus in November, analysts commented on the KSH’s latest report.

Analysts expect further growth in retail sales in the coming months

According to the Central Statistical Office (KSH), the volume of retail trade increased by 4.6 percent in August, 4.1 percent year-on-year, according to raw data, compared to the same period of the previous year. (MTI)