Analysts: retail sales growth may slow down this year together with real wages

Analysts interviewed by MTI were not surprised by the slight slowdown in the growth rate of retail sales in November, which was supported by the high base data for the previous year.

In line with this modest increase in real wages this year, analysts expect a more modest increase in consumption, but the rate of 4-5 percent after last year’s 6-7 percent annual growth is still the main driver of economic growth. (MTI)