Analysts: retail trade may grow by 5-6 percent this year
The macro-analysts of the Savings Bank and the K & H banks expect for a further sustained growth in retail sales. For the whole year a 5-6 percent growth is expected on the basis of the September retail data of the Central Statistical Office (KSH).
According to the first estimates of the Central Statistical Office (KSH), the volume of retail sales on an annual basis increased by 5.1 percent in September after a 4.6 percent rise in August. The calendar effect adjusted volume of retail trade increased by 3.0 percent in of food trade, 6.9 percent in non-food retailing, and by 6.1 percent in fuel retailing. (MTI)
Related news
This is how artificial intelligence became part of everyday life
Artificial intelligence (AI) has become an almost invisible part of…
Read more >K&H Bank wins the Euromoney Awards for Excellence 2025 “Best Digital Bank” award in Hungary
K&H Group has won this award from Euromoney for two…
Read more >Young people should also take out long-term or unexpected risk insurance
Major life milestones, such as graduating or starting a career,…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >Does food become more expensive because it passes through too many hands? – Tamás Éder spoke about supply chains and the illusion of “shortening”
Many people believe that food prices could be cut if…
Read more >