Analysts: retail sales growth remains decent
Rise in real wages will keep retail sales up, but the pace may decline as more income is spent on services, investments or savings – experts interviewed by MTI commented on the latest retail data released Friday morning.
According to a report by the Central Statistical Office (KSH), retail sales grew by 4.3 percent in June according to the raw data, while calendar effect adjusted increased by 5.2 percent year-on-year. (MTI)
Related news
Consumption could recover in 2025
At the end of August the Equilibrium Institute published its…
Read more >
The share of EU retail spending continues to fall: report from GfK
According to the latest study by GfK, the proportion of…
Read more >
Thousands of sales assistants will be missing from the German retail sector by 2027
The German food retail sector will be facing a massive…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >
