Analysts: retail sales may expand further this year

According to the experts of the Erste Bank and the TakarékBank, due to the low inflation and rising real wages, the expansion of retail sales can continue this year.

On the basis of the first flash estimate of the Central Statistics Office (KSH), that was published on Wednesday, the calendar-adjusted volume of retail sales increased by 3.9 percent in January 2014, compared to the same period of 2013. (MTI)