Analysts: a substantial increase in retail sales is encouraging

Rising retail sales also help GDP growth

According to a report released by the Central Statistical Office (KSH) on Friday, retail sales increased by 5.8 percent in September, according to both raw and calendar-adjusted data.

According to Péter Virovácz, senior analyst at ING Bank, retail sales came as a serious positive surprise in September, with analysts expecting a much more modest expansion. (MTI)